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Kargo hires first CRO and pitches contextual ad targeting - Business Insider

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Mobile ad company Kargo is trying to prepare for privacy laws with its first chief revenue officer and a new ad format

Kargo's new ad format, which it calls Branded Takeover, lets advertisers buy all of the ad space on a given page. The new format runs on publishers like The Hollywood Reporter, Complex, Food Network and HGTV. feature that prevents them from using third-party cookies for ad targeting, Kargman said. Instead of using third-party data, Kargo's ad format uses contextual targeting.

Advertisers including Hershey's, Subway and AT&T have run the new contextual ads. Kargman said that advertisers have committed to seven-figure budgets with the ad format.

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