Tag: Craigslist


New report released from the AIM Group — 2013 Global Classifieds Annual

New report released from the AIM Group — 2013 Global Classifieds Annual

‘Big Five’ classified companies grow, Craigslist revenues soar 

For immediate releaseALTAMONTE SPRINGS, Fla. --- Five major international classified companies worldwide compete directly in dozens of countries for dominance in the lucrative classified advertising field, where margins at some companies reach 70 and 80 percent, a new report shows.Th


Craigslist takes down ability to insert HTML tags in listings, starting in Florida

Craigslist takes down ability to insert HTML tags in listings, starting in Florida

While we're still investigating how far this extends geographically and categorically, at least in Florida, Texas, Mass. and New York, and at least for rental and real estate classifications,  HTML / rich-media features for Craigslist listings were severely curtailed this week, without notice. It seems to have begun on Monday in Southern Florida, spreading to Orlando and through the entire state b


Chinese site 58.com soars in IPO opening

Chinese site 58.com soars in IPO opening

The world’s newest publicly traded classified company traded today at almost 50 percent above its planned IPO price --- even though it’s been profitable for less than a year. Barely profitable.Shares of 58.com opened trading this morning on the New York Stock Exchange with the symbol WUBA. “WUBA” is 58 in Mandarin Chinese.After about 90 minutes of trading, the stock soared to $24.83 from i


Slight move forward in Craigslist v. EBay court case

Slight move forward in Craigslist v. EBay court case

The long-running court saga of Craigslist v. EBay has made another baby step towards closure, with Craigslist winning this round.On October 15 documents demanded by Craigslist back in June, of EBay CEO John Donahue, former president Lorrie Norrington, former corporate development director Stewart


Craigslist wins $1 mil in San Fran court, brings down Ad-Nuke.com

Craigslist wins $1 mil in San Fran court, brings down Ad-Nuke.com

Craigslist will receive a $1 million settlement in a court case against a site that charged people to automatically flag Craigslist ads.Defendant Ad-Nuke.com, in the person of Michael Papp, owner, in the October 10 final judgment, agreed to pay Craigslist $1 million, and to no longer manufacture, distribute or sell software that flags Craigslist ads. Co-defendant Shelley Papp was removed from


SearchCraigs.com, yet more work for Craigslist lawyers

SearchCraigs.com, yet more work for Craigslist lawyers

We have to wonder if  these classified entrepreneurs don't follow Craigslist litigation history, or just think they'll be the exception to the Craigslist cease-and-desist pattern, but the new Utah-based SearchCraigs.com is practically begging to end up in San Francisco court as defendant.The startup, much like the now-defunct 3T



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