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In December 2006, at the UBS Global Media Conference in New York, Craigslist CEO Jim Buckmaster told Wall Street analysts that Craigslist had little interest in maximizing profit, and instead preferred to help users find cars, apartments, jobs and dates. [24] [25] Craigslist's main source of revenue is paid job ads in select American cities.
He currently lives in New York City, [55] [13] flies commercial, [56] does not own a car, and prefers using public transport. [57] Newmark describes himself as a non-practicing, secular Jew, joking that his rabbi was the singer Leonard Cohen. [58] He is also a fan of Tori Amos, Lou Reed, [58] and the TV shows Pushing Daisies and The Simpsons. [59]
Autotrader.com, Inc. is an American online marketplace for car buyers and sellers, founded in 1997. It aggregates new, used, and certified second-hand cars from dealers and private sellers. The site also provides users with automotive reviews, shopping advice, and comparison tools for car financing and insurance information. [1]
In 2014, Arison co-founded Shift, an online, peer-to-peer, marketplace for buying and selling used cars. [11] Shift acts as "an agent between used car buyers and sellers." [ 12 ] In 2014, Arison secured a $23.8 million investment, primarily from chief investors DFJ and Highland Capital Partners , as well as SV Angel and Great Oaks VC, along ...
Cars.com was included in the spin-off of Gannett's broadcasting properties as Tegna, Inc. On May 4, 2017, Tegna shareholders approved a plan to spin off Cars.com as a new, publicly traded company; they received a share of the new company, which began trading on the NYSE beginning on June 1, 2017, for every 3 Tegna shares they owned. [15] [16]
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