Microsoft looks set to shutter its retail media business
Briefly

Microsoft's move to redirect clients from PromoteIQ to Criteo indicates a strategic shift in their retail media approach, focusing instead on collaboration with ad tech leaders.
The acquisition of PromoteIQ in 2019 was largely driven by the need to secure major retail clients like Kroger. Microsoft's aim was to leverage advertising technology as a means to promote its Azure cloud services through joint ventures with retailers.
Read at Digiday
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