Criteo Stock Price, News & Analysis

Bluecore has partnered with Criteo (NASDAQ: CRTO) to enhance retail advertising strategies. This collaboration allows retailers to utilize Bluecore's predictive audience capabilities alongside Criteo's performance display ecosystem, resulting in a reported increase of 109% in return on ad spend (ROAS) for early adopters. The partnership aims to leverage first-party data to improve shopper engagement and conversion rates across various digital channels, with nearly 20 brands already benefiting from this joint offering.

Criteo S.A. (NASDAQ: CRTO) will announce its financial results for the fourth quarter and fiscal year ended December 31, 2021, on February 9, 2022. The announcement will be followed by a conference call featuring CEO Megan Clarken, CPO Todd Parsons, and CFO Sarah Glickman at 8:00 AM ET. Interested parties can join via provided U.S. and international dial-in numbers or watch the live webcast on the company's website. Criteo operates a leading Commerce Media Platform, partnering with over 22,000 marketers globally to enhance commerce outcomes.

OneSpan Inc. has appointed Tom Aurelio as Chief People Officer, effective immediately. With over 30 years of experience in leadership roles at Symantec, Priceline.com, and Criteo, Aurelio aims to enhance talent management and drive growth for OneSpan. CEO Matthew Moynahan emphasized the importance of talent in the company's growth strategy. Aurelio's prior achievements include scaling HR functions to support rapid company growth, which is critical for OneSpan's ongoing journey in digital identity verification and e-signatures.

Criteo (NASDAQ: CRTO) announced the execution of a purchase agreement to acquire IPONWEB, a top AdTech company, for $380 million in cash and treasury shares on December 22, 2021. This acquisition enhances Criteo's Commerce Media Platform by integrating IPONWEB's DSP and SSP solutions, enabling better data management for enterprise marketers. The deal aims to position Criteo as a leading commerce media partner in a post third-party cookie landscape. Closing is anticipated in Q1 2022, pending regulatory approvals.

Criteo has chosen Aerospike's real-time data platform to enhance its global commerce media platform. This digital transformation aims to improve performance while reducing server count by 80%, leading to millions in annual cost savings and decreased CO2 emissions. Criteo's platform, which operates 950 billion requests daily, is set to benefit from Aerospike's capabilities to meet increasing data demands with rapid response times. CTO Diarmuid Gill emphasizes the need for scalability to adapt to exponential data growth.

Criteo S.A. (NASDAQ: CRTO) has announced exclusive negotiations to acquire IPONWEB, a leading AdTech company, for $380 million in cash and treasury shares. This acquisition is aimed at enhancing Criteo's Commerce Media Platform, offering better control to enterprise marketers while expanding monetization opportunities for media owners. The deal is expected to add over $100 million in annual revenue, and improve Adjusted EBITDA and Free Cash Flow. The transaction, anticipated to close in Q1 2022, will not require additional debt financing, preserving Criteo's financial flexibility.

Carrefour announces its ambitious digital strategy at the Digital Day in Paris, aiming to triple its e-commerce GMV to €10bn by 2026 while adding €600m in recurring operating income. The plan, part of a €3bn investment through 2026, includes enhancing e-commerce, data-driven retail media, and digitizing financial services. Additionally, Carrefour targets carbon neutrality for e-commerce by 2030. This transformation stems from a successful four-year transition that has enhanced its digital presence significantly.

2seventy bio officially launches as an independent, publicly traded company on Nasdaq under the symbol TSVT on November 5. The company, a spin-off from bluebird bio, presents a robust pipeline in immuno-oncology cell therapies, including the recently approved ABECMA for multiple myeloma, which garnered $67 million in its first full quarter. The company is backed by approximately $442 million in cash, ensuring operational funding into 2023. With plans for innovative clinical studies in hematologic and solid tumors, 2seventy aims to transform cancer treatment.

Criteo S.A. (NASDAQ: CRTO) announced that CEO Megan Clarken will present at the Morgan Stanley European Technology, Media & Telecom Conference on November 17, 2021, at 1:15 PM Eastern Time. A live audio webcast will be available on the Company's investor relations website, with a replay option afterward. Criteo partners with over 20,000 marketers globally, leveraging extensive commerce data to enhance advertising and consumer experiences. More details can be found at www.criteo.com.