$US64m pricetag

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NEW YORK, Tuesday: Global digital art/tech provider Kargo has nnounced the acquisition of the commerce-driven paid social advertising site StitcherAds.

StitcherAds’ paid social commerce platform expands Kargo’s integrated omnichannel product suite, providing a comprehensive set of solutions for advertisers looking to execute digital campaigns across multiple screens to drive return on adspend.

StitcherAds is a commerce-centric marketing platform that drives online and offline sales for retailers and brands. Its product discovery ads are delivered across Facebook, Instagram, Snap, TikTok, and Pinterest.

“Kargo has 350 employees across 13 offices worldwide – including Auckland (under construction).”

With the addition of StitcherAds, Kargo is able to bring performance-marketing to retailers across multiple platforms, effectively “collapsing the traditional customer journey” and reducing the complexity in a brand’s marketing strategy.

Kargo has 350 employees across 13 offices worldwide – including Auckland (under construction) while maintaining StitcherAds’ headquarters in Ireland.

About Kargo
Kargo is a mobile-first, editorial-led global marketplace of unique multi-channel advertising and commerce opportunities for brands.

About StitcherAds
Founded in 2009, StitcherAds works on a hybrid service model, onboarding clients from fully managed service to self-serve to ensure long-term success with their software.

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