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 afrom several venture firms last year after considering the possibility of putting itself .