Home Ad Exchange News Purch Buys Consumr; Dissolving VivaKi AOD

Purch Buys Consumr; Dissolving VivaKi AOD

SHARE:

Here’s today’s AdExchanger.com news round-up… Want it by email? Sign-up here.

appquisitionApp-quisition Sets Up Purch For Mobile

Purch bought the price-comparison and barcode-scanning app Consumr on Tuesday. The mobile app adds to Purch’s portfolio of websites that target consumers with high intent to purchase (like review site Top Ten Reviews). “Consumr is an important piece of our overall mobile strategy that will help consumers make complex buying decisions on the screen of their choice,” Purch COO Doug Llewellyn told AdExchanger. Long-term, the company plans to fully integrate the app with its commerce properties and offer its marketing players extension into the platform. Read the release.

Dissolving Desk

The partial dissolution of Publicis Groupe’s trading desk, VivaKi AOD, felt just a little bit momentous for close observers of agencies’ programmatic efforts. And, as Marco Bertozzi, VivaKi’s president of global clients, hints in an interview with Digiday, it’s also smart business. “Clients don’t trust the concept of a trading desk anymore. … The general sentiment is that this was definitely the right move. It’s going to be quite a tough argument for another agency to go up against in this current climate.” Gauntlet, thrown! Read more.

Ad Tech’s For Kids

A UK startup called SuperAwesome has built an ad platform for the express purpose of honoring COPPA, the US privacy law prohibiting collection of PII from kids. WSJ’s Mike Shields writes, “Essentially, it’s ad tech designed explicitly to not collect any data on kids or target them based on their behavior in any way. That means it does essentially the opposite of what most online advertising technology is designed to do.” Read it.

Short Shelf Life

Notoriously struggling ecommerce startup Fab.com has finally been snapped up – by custom manufacturing firm PCH. As Re/code first reported, the flash-sale design site was nearing a fire sale of the business back in November. Fab.com was heavily venture-backed, having raised some $300 million in its five-year lifespan and lived, albeit shakily, through several pivots and mass layoffs under the watch of its outspoken co-founder, Jason Goldberg. According to GeekWire, 35 employees from Fab.com will join PCH, Goldberg will exit and GM Renee Wong will lead day-to-day operations. Undisclosed funds from the cash and equity transaction will go toward Hem, Goldberg’s new furniture upstart. The official announcement.

But Wait! There’s More!

Tagged in:

Must Read

Tal Jacobson, CEO, Perion

Affle Acquires Perion For $420 Million, Because ‘Synergies’

If you ask the executive leadership of Affle and Perion why the two companies are merging, the answer you’ll get is “synergies.”

Konskie, Poland - December 02, 2024: Fox Corporation logo displayed on mobile phone

Fox Doesn’t Want To Talk About Roku, But It’s Got Lots To Say About Tubi And Politics

A combo of Tubi, sports and political ads powered Fox’s growth this last quarter, even as Fox News lost viewers and the Roku deal awaits DOJ clearance.

AdExchanger's Big Story podcast with journalistic insights on advertising, marketing and ad tech

Smart Acquisition Or Frankenstack? Stagwell-Freestar And DoorDash-Instacart

It’s fall, and M&A is in the air. Two acquisitions happened this week: Stagwell bought Freestar, and DoorDash bought Instacart.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Los Angeles, California - 26 February 2023: Reddit social media platform displayed on smart device

Reddit Is Going Login Only. Blame Google

Starting in Q4, Reddit will test logged-in-only mode to protect its user engagement, improve ad targeting and keep AI from scraping its content.

DoorDash Acquires Instacart As Consolidation Comes For Mobility Media

DoorDash on Thursday confirmed the rumors and announced its intention to acquire Instacart at a $17 billion valuation.

Meta’s $25 Billion Privacy Fine In New Mexico Is A Big Number. But Is It A Big Deal For Ad Tech?

Last week, a district court judge in New Mexico ordered Meta to pay $25 billion for misleading Facebook users about how it handled their data. Does it matter?