Los Angeles - Retail giant Wal-Mart (NYSE: WMT) has launched a beta test of an online classified ads listing service powered by Oodle, which aggregates listings from over 80,000 sites and counts over 40 million listings.

San Mateo, Calif. - Oodle, the provider of a search engine for local classified ads, said on Tuesday that it has raised $11 million in a new round of funding from new investor JAFCO Ventures and previous investors Greylock Partners and Redpoint Ventures.