Criteo's revenue drops 11% in Q3 2020
Criteo is transforming its business into a Commerce Media Platform. The new solutions grew 43% year-over-year, and Retail Media grew close to 60% year-over-year.
Criteo last week announced the financial results for the third quarter ended September 30. The revenue dropped 11% in Q3 year over year. Revenue for the quarter was $470 million.
In the Americas, revenue declined 4% year-over-year, in EMEA, declined 10% year-over-year, and n Asia-Pacific, revenue declined 20% year-over-year.
In the guidance, Criteo expect…