Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Publicis, The Trade Desk partner as ad tracking loses steam online

Published 04/08/2021, 08:08 AM
Updated 04/08/2021, 08:10 AM
© Reuters.

By Mathieu Rosemain

PARIS (Reuters) - France's Publicis said on Thursday it has partnered with U.S. tech ad firm The Trade Desk (NASDAQ:TTD) to offer an alternative to consumer ad trackers, whose gradual removal online puts swathes of the advertising industry at risk.

The Trade Desk will add access to consumer profiles held by Publicis' data unit Epsilon to its platform so that buyers of digital ads can better target potential end-clients, Publicis said.

In return, Publicis' clients that already rely on Epsilon's data will have access to The Trade Desk's platform for their digital ad campaigns, the world's third-biggest advertising group said.

The move comes amid a global trend toward the disappearance of trackers online, also known as cookies. They are at the foundation of the web and have for decades enabled online ads.

Yet privacy activists say companies that develop online ad technology abuse cookies by tracking users across many websites and letting brands use the data to target ads.

Apple (NASDAQ:AAPL) has removed third-party cookies from its browser Safari.

Alphabet (NASDAQ:GOOGL)'s Google followed suit by pledging that it will phase out technology in its Chrome browser that lets other companies track users' web browsing.

This shift compelled advertisers and traditional holding ad groups such as Publicis to rethink their data strategies.

Publicis bought Epsilon for about $4 billion two years ago. The unit says it has 250 million detailed consumer profiles in the United States and Europe.

The Trade Desk operates a demand-side platform (DSP), a key element in the complex automated advertising chain online that allows buyers of digital advertising inventory to manage multiple ad exchange and data exchange accounts through one platform.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

more fees for buyers and sellers, lol
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.