How Does Craigslist Make A Lot Of Money? Selling Sex Ads

Craigslist is one of the most successful companies on the Internet, but the way it makes some of its money is coming under scrutiny. It is estimated that almost a third of the income that the company takes in is coming from sex ads, and that this type of advertising is increasing. You may recall that Craigslist came under criticism for violence associated with some of the ads that were posted, and it appeared that the company had changed. But it appears that ads for prostitution are still appearing.

A recent news article also states:

The ads, many of which blatantly advertise prostitution, are expected to bring $36 million this year, according to a new projection of Craigslist’s income. That is three times the revenue in last year’s projection.

Law-enforcement officials have been fighting a mostly losing battle to get Craigslist to rein in the sex ads. At the same time, officials of organizations that oppose human trafficking say the site remains the biggest online hub for selling women against their will.

Last week, in the latest example, the Federal Bureau of Investigation arrested 14 members of the Gambino crime family on charges of, among other things, selling the sexual services of girls ages 15 to 19 on Craigslist.

I don’t think any of us would support the exploitation of young girls publicly being advertised by any method. Hopefully the people at Craigslist will once again be asked nicely to monitor the ads placed on the site. If Craigslist chooses to not play well with others, it may be time for legal action to be taken the company.

What do you think?

Comments welcome.

Source – NY Times

Source – Business Insider

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I have been writing for Lockergnome for eight years.