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AI-powered martech news and releases: January 16

Martech

Will pure-play artificial intelligence companies ever be profitable? In 2024, Uber and Spotify reported their first-ever profitable years, and Lyft had two profitable quarters. Pure play GenAI companies have all the makings of an asset bubble: Lots of money going in and no clear path to profitability.

MarTech 111
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ProSieben Looks to Sell Growing Commerce Businesses

VideoWeek

1 is pursuing the sale of some of its non-TV assets, months after voting against the move under a proposal brought by its main shareholder, MediaForEurope (MFE). As part of this strategy, the group will look to divest ancillary assets from its portfolio, particularly the pefrume retailer Flaconi and price-comparison website Verivox.

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Scaling local advertising with automation in the new media landscape by Fluency

Martech

Overall digital ad spend continues to grow, and new channels, financial media and retail media networks are emerging. Which processes should we automate to scale up localized campaigns profitably? It’s the fastest, easiest, and most comprehensive way to achieve profitable scale.

Media 113
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How e-commerce companies can brave the new retail environment

TechCrunch Ads

E-commerce companies were once considered nearly invincible as they grew unfettered and saw record profits. While these factors are largely out of retailers’ control, we’re seeing a few emerging companies that have adapted by entrenching with existing customers and building their organic brand. The new retail challenge.

Retail 90
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The Barkley Agency Finds A Niche in Marketing to Millennials

Fuel Lines

Gaining a Positioning of Expertise Through PR Jeff is frequently quoted in national print and online publications about marketing to Millennials, QSRs and retail. Jason Park and Stephanie Parker are positioned as experts helping quick service restaurants increase their profitability.

Agency 279
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Salesforce: Shoppers are saving their big moments for later in 2024

Martech

Last year’s price-conscious shopper is still with us We sat down with Caila Schwartz, director of consumer insights and strategy for retail and consumer goods at Salesforce, to get a deeper perspective on the stats. ” Retailers are still seeing good digital traffic. ” It’s a Catch-22 for retail.

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FuboTV reports big ad gains from Unified ID 2.0

Martech

was developed by The Trade Desk and handed off to non-profit Prebid.org as an open-source tool. The company is the first CTV partner for Unified ID 2.0, and they use it through The Trade Desk’s programmatic platform. As one of the leading alternative identifiers in adtech, Unified ID 2.0 Performance and spend increases.