Bridg, a division of Cardlytics, Inc. (NASDAQ: CDLX), today
announced that Giant Eagle’s Leap Media Group, the regional
grocer’s in-house retail media network, has joined the Rippl data
and media network – a purpose-built collective among regional
grocers, convenience stores, and advertisers. As one of the
country’s leading regional grocers, Giant Eagle’s addition further
enhances Rippl’s unique offering that solves the long-standing
partnership challenges created by first-party data constraints,
aggregated data limitations, and disparate measurement approaches.
Powered by Bridg’s market-leading, cookieless identity
resolution technology, Rippl significantly enhances regional
retailers’ first-party data and provides advertisers with a single
access point to a national footprint of more than 70 million
anonymized shopper profiles (loyalty and non-loyalty) with
SKU-level purchase data and enriching attributes. Using previously
unavailable insights, advertisers can now tailor audiences based on
actual product preferences, effectively execute single campaigns
across multiple retailers, and consistently measure campaign
performance across a data and media network that is now the fifth
largest provider of grocery and convenience store first-party,
verified shopper data in the United States.
With a focus on easy access and effective utilization of data,
Rippl will also allow advertisers to create and leverage audiences
their way, including via leading identity solutions like Unified ID
2.0. This means advertisers can access syndicated audience segments
through leading DSPs such as The Trade Desk and data collaboration
platform LiveRamp, or create custom audience segments based on
unique advertiser requirements.
“We cannot be more excited to welcome Giant Eagle to the Rippl
family,” said Amit Gupta, Cardlytics’ Chief Operating Officer and
Bridg GM. “The addition of this industry leader, joining Schnucks
Markets and National Retail Solutions, will extend and amplify the
collaboration between regional retailers and advertisers – driving
enhanced shopper engagement, top-line growth, and improved ROI for
all ecosystem partners.”
“We are thrilled to announce that we are now partnering with
Rippl, a first-of-its-kind collaboration for regional retailers and
advertisers,” said Justin Weinstein, Executive Vice President of
Chief Strategy and Marketing Officer at Giant Eagle, Inc. “Giant
Eagle takes a customer-first approach to everything we do, and
working with Rippl is helping Leap achieve winning outcomes for
customers, CPG partners, and for our brand. Rippl allows us to do
this while upholding Leap’s ongoing commitment to prioritizing
consumers’ data privacy.”
With Giant Eagle’s Leap Media Group joining the Rippl family,
the entire retailer partner ecosystem will see the benefits that
come along with new advertiser investments while advertisers will
further fuel personalization at scale, drive substantial
incremental visits and spend, and take campaign accountability to
new heights.
About BridgBridg, a division of Cardlytics,
Inc. (NASDAQ: CDLX), is a leading data and audience platform that,
using our exclusive identity resolution capabilities, helps
retailers significantly expand their first party data and create
new monetization opportunities working with their advertiser
partners. Advertisers in turn gain access to individual shopper
profiles across loyalty and non-loyalty, with SKU-level purchase
data that enables previously unavailable insights, precision
targeting, and transparent measurement. Bridg is headquartered in
Los Angeles. Learn more at www.bridg.com.
About CardlyticsCardlytics, Inc. (NASDAQ: CDLX)
is a digital advertising platform. We partner with financial
institutions to run their banking rewards programs that promote
customer loyalty and deepen relationships. In turn, we have a
secure view into where and when consumers are spending their money.
We use these insights to help marketers identify, reach, and
influence likely buyers at scale, as well as measure the true sales
impact of marketing campaigns. Headquartered in Atlanta, Cardlytics
has offices in Menlo Park, Los Angeles, New York, and London. Learn
more at www.cardlytics.com.
Cautionary Language Concerning Forward-Looking
Statements
This press release contains "forward-looking statements" within
the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995, including but not limited
to forward-looking statements related to the Rippl data and media
network. These forward-looking statements are made as of the date
they were first issued and were based on current expectations,
estimates, forecasts and projections as well as the beliefs and
assumptions of management. Words such as "expect," "anticipate,"
"should," "believe," "hope," "target," "project," "goals,"
"estimate," "potential," "predict," "may," "will," "might,"
"could," "intend," or variations of these terms or the negative of
these terms and similar expressions are intended to identify these
forward-looking statements. Forward-looking statements are subject
to a number of risks and uncertainties, many of which involve
factors or circumstances that are beyond our control.
Our actual results could differ materially from those stated or
implied in forward-looking statements due to a number of factors,
including but not limited to the risks detailed in the “Risk
Factors” section of our Form 10-Q filed with the Securities and
Exchange Commission on May 8, 2024 and in subsequent periodic
reports that we file with the Securities and Exchange Commission.
Past performance is not necessarily indicative of future
results.
The forward-looking statements included in this press release
represent our views as of the date of this press release. We
anticipate that subsequent events and developments will cause our
views to change. We undertake no intention or obligation to update
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise, except as required by
law. These forward-looking statements should not be relied upon as
representing our views as of any date subsequent to the date of
this press release.
Contacts:
Public Relations:
pr@cardlytics.com
Investor Relations:
ir@cardlytics.com
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