Oodle on Facebook Is Live - TechCrunch

As TechCrunch reported back in December, Oodle is taking over Facebook classifieds. The new service launches Wednesday and will be rolled out to Facebook users over the next sixty days. I’ve been bearish overall on companies that require local network affects, and usually classifieds fits in that bucket. As good a job as Craigslist has done it only monetizes about 1% of its users, and that’s probably one reason it has spread as far and as fast as it has. But- by design- it’s not the next great billion dollar Web powerhouse.

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