tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Walmart backing away from Amazon ad tech rival Trade Desk, The Information says

Amazon’s (AMZN) most direct rival in handling ad sales across the web, the Trade Desk (TTD), could be in danger of losing one of its most valuable clients – Walmart (WMT), The Information’s Catherine Perloff and Theo Wayt report. Last year, Walmart renegotiated its four-year-old arrangement with the Trade Desk, under which advertisers buying spots on the Web using Walmart shopper data for targeting have to use the Trade Desk’s technology. The new arrangement is no longer exclusive, according to a person with knowledge of the situation.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1