Craigslist lost almost **** its revenue from 2018 to 2020, going from about ****billion to *** million U.S. dollars. However, the classifieds website's revenue grew after the decline in 2020, reaching a *** million U.S. dollars stability in 2022 and 2023.
With a market cap of approximately 12.57 billion U.S. dollars, REA Group was the world's leading online classifieds as of June 2023. Coming in second place U.S.-based company was Willow, with a market cap of about 11.69 billion dollars, followed by the Norwegian company Adevinta.
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The global classified platform market is expected to witness USD 12.2 billion in 2025 and USD 38.7 billion by 2035, at a significant CAGR of 12.4% during the forecast period.
Metrics | Values |
---|---|
Industry Size (2025E) | USD 12.2 billion |
Industry Value (2035F) | USD 38.7 billion |
CAGR (2025 to 2035) | 12.4% |
Contract & Deals Analysis
Company | Craigslist |
---|---|
Contract/Development Details | Craigslist secured a multi-year contract with a regional real estate firm to integrate AI-driven classified listing solutions, enhancing property search and lead generation. |
Date | March 15, 2024 |
Contract Value (USD Million) | Approximately USD 50 - USD 60 |
Estimated Renewal Period | 4 years |
Company | OLX Group |
---|---|
Contract/Development Details | OLX entered into an agreement with a global automotive marketplace to provide data-driven classified ad optimization and fraud detection tools for vehicle listings. |
Date | July 22, 2024 |
Contract Value (USD Million) | Approximately USD 60 - USD 70 |
Estimated Renewal Period | 5 years |
Company | Facebook Marketplace |
---|---|
Contract/Development Details | Facebook expanded its classified platform offerings through a strategic partnership with an e-commerce company, focusing on AI-powered product recommendations and transaction security. |
Date | October 10, 2024 |
Contract Value (USD Million) | Approximately USD 80 - USD 90 |
Estimated Renewal Period | 6 years |
Company | eBay Classifieds |
---|---|
Contract/Development Details | eBay announced a collaboration with a major recruitment agency to enhance job classifieds with automated matching algorithms and verified employer credentials. |
Date | January 5, 2025 |
Contract Value (USD Million) | Approximately USD 70 - USD 80 |
Estimated Renewal Period | 5 years |
Country-Wise Outlook
Countries | CAGR (%) (2025 to 2035) |
---|---|
USA | 9.5% |
China | 10.1% |
Germany | 8.7% |
Japan | 8.9% |
India | 10.5% |
Australia | 8.4% |
Competitive Outlook
Company Name | Estimated Industry Share (%) |
---|---|
Craigslist | 20-25% |
Facebook Marketplace | 15-20% |
eBay Classifieds | 10-15% |
OLX Group | 8-12% |
Gumtree | 5-10% |
Letgo | 4-8% |
Other Companies (combined) | 30-38% |
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Craigslist lost almost **** its revenue from 2018 to 2020, going from about ****billion to *** million U.S. dollars. However, the classifieds website's revenue grew after the decline in 2020, reaching a *** million U.S. dollars stability in 2022 and 2023.