All Press Releases for November 14, 2009

Free Advertising Classifieds Jihoy.com Announced 3rd Quarter Results

Jihoy.com reported third quarter results ended on Sep 30th, 2009 of 73.7% growth in visitors, 71.6% growth in page views, and 286% growth in revenue compared to 2nd quarter results.



    SAN JOSE, CA, November 14, 2009 /24-7PressRelease/ -- Classifieds website Jihoy.com showed an impressive pace in the third quarter, capping another record quarter for the one year old site. "Our users were more engaged in the third quarter of this year than ever before because of huge potential in free advertising, relentless focus on delivering the most innovative products and services on the internet," said Alex Wu, Chief Executive Officer of Jihoy Inc. The growing acceptance of online advertising with marketers who recognize its effectiveness and are increasingly, and using this platform to reach their consumers has played a vital role in this recent development for Jihoy.com.

1. A huge increase in the web traffic, 73.7% jump from the previous level is definitely a major achievement.

2. Page views grew drastically by 71.6%.

3. A quarterly increase of 286% in revenue due to increase in organic traffic as well as repeat visitors.

"Delivery of strong organic traffic to the advertisers being the main factor behind strong third quarter performance completes our fourth consecutive quarters of revenue and traffic growth" said Mark Brown, Business Development Manager of Jihoy.com. "We are attracting more and more users to Jihoy's network of services and driving their usage deeper with more relevant products and services. This deeper usage is the real magic behind the surpassing of our long term objectives." He attributed the tremendous performance in revenue to the enhanced trust building measure for visitors.

Some of the more popular sections on the site: free advertising, job listings, homes for sale, and articles.

Jihoy.com is one of the fastest growing free advertising websites on the web. It combines free advertising and social networking into a single site. Features: free internet advertising, classified ads, job listings, groups, article directory, and many other useful tools to help people facilitate business transactions.

Website: http://www.Jihoy.com

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Contact Information

Alex Wu
Jihoy Inc.
San Jose, CA, USA
USA
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