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Criteo Forms Strategic Partnership with Tyroo Technologies
Criteo announced a strategic reseller partnership with Tyroo Technologies, an ad tech company. Under the agreement, Tyroo will promote Criteo's performance media solutions to advertisers in Thailand, Malaysia and the Philippines, extending Criteo's on-the-ground presence and support for advertisers across these markets. The partnership reflects Criteo's continued investment in Southeast Asia, with Tyroo's established regional presence and market expertise expected to strengthen Criteo's ability to support advertisers in Thailand, Malaysia and the Philippines. The appointment gives advertisers in these markets more direct, in-market access to Criteo's proprietary commerce intelligence platform as they look to scale their AI-assisted commerce strategies. Criteo is scaling into Southeast Asian markets through established regional partners with deep market expertise and existing advertiser relationships. While Criteo has worked with Tyroo in India since 2021, expanding the partnership into Thailand, Malaysia and the Philippines marks the next step and sets a strong foundation for Criteo's regional growth.
FY26 Contribution Expected to Decrease by 12%-10%
Sees FY26 Contribution ex-TAC to decrease (12%)-(10%) at constant currency.
Criteo Reports Q2 Revenue of $428M
Reports Q2 revenue $428M, consensus $263.42M. "While our Q2 top line performance was disappointing, our long-term strategy remains unchanged," said Michael Komasinski, CEO of Criteo. "We remain confident in our Commerce Intelligence strategy and are strengthening execution, diversifying our business and positioning Criteo to help shape the next generation of AI driven commerce."
Sees Q3 Contribution of $237M-$241M
Sees Q3 Contribution ex-TAC $237M-$241M, or (15%)-(14%) year-over-year at constant-currency.
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