The July announcement of a ‘strategic collaboration’ with Criteo appears a precursor to a full migration and quiet shutdown of PromoteIQ.
October 07, 2024

Microsoft looks set to shutter its retail media business

Five years after acquiring the retail advertising platform PromoteIQ, Microsoft now seems to be quietly shutting it down and pushing clients to use Criteo.

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The July announcement of a ‘strategic collaboration’ with Criteo appears a precursor to a full migration and quiet shutdown of PromoteIQ.
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First off is an effort by Omnicom Media Group to help establish clarity and perhaps even standards in the ad auction process, which the network estimates at around $600 billion in global spend.
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