Social-networking site Friendster announced Thursday that it has partnered with classifieds listing provider OLX for a new classifieds and job posting feature. Financial terms were not disclosed, but Friendster did say that the two companies would share advertising revenues. The deal, which was described in a statement from Friendster as a "multiyear partnership," will allow Friendster users to post free listings pertaining to personals, real estate, vehicles, jobs and several other categories. The classifieds section is now accessible through a link at the top of Friendster's homepage.
Despite having been a pioneer in online social networking's early days, Friendster has seen its popularity eroded by newer players with younger users bases like MySpace and Facebook. Nevertheless, Friendster managed to land a $10 million investment from several venture firms last year after considering the possibility of putting itself up for sale.
I haven't researched on the Friendster's partnerships with it's two entities, but i have done a small bit of studies and found that OXL is a pretty high ranked page, for now PR5 to be exact. I also studied other high ranking free classifieds. Great article keep up the good work. http://adlandpro.ws
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