Welcome to our dedicated page for The Trade Desk news (Ticker: TTD), a resource for investors and traders seeking the latest updates and insights on The Trade Desk stock.
The Trade Desk, Inc. (NASDAQ: TTD) is a technology company that operates a self-service, cloud-based platform for buyers of advertising. This news page aggregates company press releases and media coverage so readers can follow how The Trade Desk is evolving its programmatic advertising platform, data marketplace, and partnerships across the open internet.
Recent news highlights include the announcement of OpenAds, a new auction environment designed to provide a direct, high-integrity, and transparent option for publishers and sellers. The company has reported broad support for OpenAds from publishers such as AccuWeather, The Arena Group, BuzzFeed, the Guardian, Hearst Magazines, Hearst TV, Newsweek, People Inc., and Ziff Davis. Other updates cover enhancements to the Kokai platform, including Audience Unlimited and Koa Adaptive Trading Modes, which are intended to help advertisers use AI and third-party data more effectively.
Visitors can also find earnings-related news, including quarterly financial results, share repurchase authorizations, and commentary on customer retention and non-GAAP metrics such as Adjusted EBITDA. Governance and leadership developments, such as the appointment of a new Chief Financial Officer and the addition of Omar Tawakol to the board of directors, are disclosed through company announcements and related SEC filings.
In addition, The Trade Desk publishes research-driven news, such as its “The Untapped Opportunity of Omnichannel” study on ad fatigue and omnichannel strategies in Southeast Asia. News items also describe collaborations in connected TV, including plans with DIRECTV to develop a custom version of Ventura TV OS, and partnerships in retail media, commerce data, and measurement. Investors and advertisers can use this page to review the company’s official communications and understand the types of product, partnership, financial, and research updates The Trade Desk releases over time.
The Trade Desk (TTD) has announced the appointment of Co-Founder and CTO, Dave Pickles, to its board of directors. This move follows the resignation of Brian Stempeck as Chief Strategy Officer from the board, although he remains an advisor. In addition, Lise Buyer has been appointed as the lead independent director, and David Wells continues as a Class A director. Pickles brings extensive experience in ad tech and has played a significant role in industry initiatives, particularly the Unified ID 2.0 solution aimed at replacing third-party cookies, which is crucial for digital advertising's future.
The Trade Desk (Nasdaq: TTD) has appointed Benson Ho as Senior Vice President for North Asia, overseeing business strategy in Greater China, South Korea, and Japan. Previously Chief Data Strategy Officer at Tencent Marketing Solution, Ho brings significant leadership experience from companies like Dentsu Aegis Network and Sizmek. Tim Sims, Chief Revenue Officer, expressed confidence that Ho's expertise in data-driven advertising and regional relationships will accelerate growth in Asia, an area The Trade Desk prioritizes for expansion.
The Trade Desk (Nasdaq: TTD) has appointed JoAnna Foyle as Senior Vice President of Inventory Partnerships, effective immediately. Foyle will manage global partnerships and operations to enhance support for the company's omnichannel supply partners, focusing on the Connected TV (CTV) marketplace. Reporting to Chief Revenue Officer Tim Sims, she brings extensive experience from her previous roles at OpenSlate, AOL, FreeWheel, and Microsoft. Her leadership is expected to drive innovation and global growth within The Trade Desk’s inventory partnerships.
The Trade Desk (Nasdaq: TTD) has appointed Michelle Hulst as Chief Operating Officer, focusing on global operations, data, and client services. Previously, she was Executive Vice President, Global Data and Strategy, significantly contributing to initiatives such as Unified ID 2.0—a third-party cookie alternative. Hulst, with over 15 years of leadership experience in advertising, aims to enhance operational scalability and service quality. CEO Jeff Green emphasizes the need for data-driven strategies in marketing to seize long-term opportunities.
Summary not available.
The Trade Desk, Inc. (NASDAQ: TTD) announced the approval of all proposals from its special stockholders meeting on December 22, 2020. The approved proposals pertained to the company’s dual-class structure, including establishing a latest termination date and enhancing corporate governance. A minimum of 66 2/3% of the voting power was required, and the company complied with the “MFW” standard. Lise Buyer, Chair of the Special Committee, expressed gratitude for the substantial support from Class A shareholders, emphasizing that these changes will empower the company to invest and innovate for the long term.
Summary not available.
The Trade Desk (NASDAQ: TTD) announced the adjournment of its special stockholders' meeting, now set to reconvene on December 22, 2020, at 12:00 p.m. PT. This decision allows further time to solicit votes on proposals concerning the company's dual-class stock structure and governance enhancements. The record date for eligible stockholders remains October 20, 2020. Proxies submitted before the adjournment will still be valid. Stockholders can attend virtually with a required control number. Detailed information is available in the proxy statement filed on October 27, 2020.
A survey by JWS Research for The Trade Desk reveals that 14% of Australian pay TV users plan to cancel or pause their subscriptions due to the COVID-19 pandemic, surpassing the 11% cancellation rate in the U.S. Among 18-34-year-olds, this figure rises to 23%. Consumer financial constraints, exacerbated by the pandemic, are driving these changes. Additionally, 54% of Australians use free ad-supported streaming services weekly, indicating a preference for ad-supported content. Advertisers must adapt to these evolving consumer habits to maintain engagement in a transforming media landscape.
The Trade Desk, Inc. (NASDAQ: TTD) will announce its financial results for Q3 FY2020 on November 5, 2020, after market close. A conference call is scheduled for 2:00 P.M. Pacific Time. Investors can access the live webcast through the company's Investor Relations website and will also have the opportunity to listen to an audio replay after the call.
The Trade Desk empowers advertising buyers with a self-service technology platform for managing data-driven digital campaigns across various formats and devices.