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GOOG - Criteo Trying To Rebuild A Stalled Growth Engine In Mid-Flight
Alphabet Inc.
As an ad tech company built around a machine learning-based ad retargeting engine, Criteo (CRTO) has had a rough go of it in recent years. Between concerns about privacy and the growing use of ad blocking software, Criteo has found it harder and harder to generate growth from what was once a very successful differentiating technology. While the company has been building up other businesses, they’re simply not big enough yet (nor will be in the near future) to offset the fundamental underlying pressures in the core business.