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Wednesday, December 17, 2008

MySpace has partnered with Oodle for its classified section

Popular social networking site MySpace.com has relaunched it's free classified section. This time MySpace has been tied with the popoular free classifieds Oodle.com . Although MySpace is the most popular social networking site, it's classified section is not that much popular yet. MySpace has partnered with Oodle with the hope to make it's free classified section much more popular.
Facebook, another popular social networking site has also free classified section. Most of the social networking sites are now introducing free classified section. On the other hand, Oodle is not a partner of MySpace only, Oodle has partnered with a lot of other sites. Oodle has become a leading free classified network.
Integration with Oodle will give some new functionality to MySpace classifieds like search facilites. Now myspace will be able to compete with cragislist more effectively for free classifieds. At the same time myspace will be able to meet the needs of trading of its own users more successfully.

Monday, December 1, 2008

eBay Acquired two Danish classifieds

eBay owns the kijiji-gumtree free classifieds network which is the largest network of free classifieds on the net. This network is on top positions in Canada, Australia, Germany, Japan and the United Kingdom, and sites in more than 1,000 cities across 20 countries.
eBay has acquired Denmark's leading online classifieds site dba.dk and vehicles site bilbasen.dk for approximately $390 million in cash. Den Bla Avis and BilBasen are leading classifieds businesses in Denmark and operate dba.dk, an online classifieds site that generates more than 120 million page views per month, and bilbasen.dk, an online vehicle classifieds site that generates 66 million page views per month. Founded as printed classified advertising circulars, Den Bla Avis and BilBasen have successfully made the transition to fast-growing, profitable online businesses while maintaining the publication of its circulars. Den Bla Avis and BilBasen have offices in Aarhus and Copenhagen, Denmark.
Den Bla Avis and BilBasen are leading classifieds businesses in Denmark and operate dba.dk, an online classifieds site that generates more than 120 million page views per month, and bilbasen.dk, an online vehicle classifieds site that generates 66 million page views per month. Founded as printed classified advertising circulars, Den Bla Avis and BilBasen have successfully made the transition to fast-growing, profitable online businesses while maintaining the publication of its circulars. Den Bla Avis and BilBasen have offices in Aarhus and Copenhagen, Denmark.
The worldwide classified ads industry tops $100 billion in all forms. With the continued migration of print classifieds to online, eBay is capitalizing on the market dynamics with an aggressive growth strategy for its global classifieds portfolio.
Source: http://news.ebay.com/releasedetail.cfm?ReleaseID=338504