AdTech Vendor · vs · B2B SaaS Provider

CRMI

Criteo vs Mirakl

Structured technology and market comparison · 2026

Direct Feature Comparison

Criteo · vs · Mirakl
Primary Market / Role
CriteoAdTech Vendor
MiraklB2B SaaS Provider
Platform Focus
Criteo

Commerce media platform for retail advertising and open internet activation.

Mirakl

Enterprise software for marketplaces, dropship and retail media.

Company Size
Criteo1,001–5,000 employees
Mirakl501–1,000 employees
Headquarters
CriteoFR
MiraklFR
Year Founded
Criteo2005
Mirakl2012

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Comparison Analysis

What is the main difference between Criteo and Mirakl?

Criteo operates as a commerce media platform, architecturally positioned for demand aggregation and monetization within the open internet via its robust DSP and SSP capabilities. Its business model is intrinsically linked to performance marketing and retargeting, leveraging a take-rate structure on ad spend. Strategic positioning emphasizes scalable ad delivery, identity resolution through its Shopper Graph, and direct publisher integrations. Conversely, Mirakl provides enterprise software for marketplace enablement, dropship, and, more recently, integrated retail media capabilities. Mirakl's model is primarily SaaS-centric, augmented by transaction-based commissions or take-rates on Gross Merchandise Value (GMV) processed. Its strategic focus is on empowering retailers and brands to launch and operate their own transactional marketplaces, with retail media serving as an additive revenue stream for its client base rather than a core ad-delivery mechanism across the wider web.

How do the features of Criteo and Mirakl compare?

Criteo's tech stack is characterized by a high-performance programmatic infrastructure, proprietary bidding algorithms, extensive SDK footprint for mobile app inventory, and sophisticated server-side integrations for web environments. Key features include a resilient identity spine for first-party data activation and cookieless solutions, APIs for advanced campaign management, and a strong emphasis on Supply Path Optimization (SPO) for transparent direct vs. programmatic routing. Publisher strengths lie in broad monetization tools, while buyer strengths are rooted in performance and reach. Mirakl's product architecture centers on comprehensive marketplace APIs covering seller onboarding, product catalog syndication, order management, and payment processing. Its retail media module typically offers integration points for third-party ad servers or limited native capabilities for on-site media. Integration depth for Mirakl is paramount to operationalizing complex multi-vendor ecosystems. Buyer strength for Mirakl is the enterprise seeking to launch a marketplace; for the retail media *within* Mirakl, it enables the marketplace owner to become a publisher of premium, first-party-data-rich inventory for brands.

What are the top alternatives to Criteo and Mirakl?

When evaluating Criteo and Mirakl, enterprise buyers also consider other platforms in Retail Media Technology, Commerce & Retail Media, and Retail Sponsored Listings. You can discover the full competitive landscape and evaluate other alternatives by viewing their respective footprint profiles on Polaris7.

Market Signals

Recent Market Signals & Activity: Criteo vs Mirakl

Documented market movements, strategic partnerships, product releases, and regulatory developments mapped across Polaris7.

CR

Criteo

Recent Signals

  • ·DigidayPlatform

    OpenAI's Path to $25B Ad Revenue: Five Key Hurdles

    OpenAI's advertising business, launched seven months ago, is reportedly achieving a $1 billion annualized revenue run rate, with projections of $25 billion in ad revenue by end of this year and $100 billion by 2030. However, advertisers cite significant barriers to scaling spend beyond test budgets. Key challenges include inadequate measurement and attribution, rigid contract terms causing data and liability concerns, insufficient inventory, and the need to expand the advertiser base to include SMBs via integrations like Shopify. To support this growth, OpenAI is partnering with ad tech firms like Criteo and Kargo to broaden reach. Infrastructure development is also critical to meet demand. Industry observers note that OpenAI must address these issues to compete with established platforms like Google and Meta, especially given rising AI safety and privacy concerns.

    • OpenAI's ad business has reached a $1 billion annualized revenue run rate seven months after launch.
    • OpenAI projects $25 billion in ad revenue by end of this year and $100 billion by 2030.
    • Advertisers report insufficient inventory to spend committed budgets.
  • ·SEC APIfinancials

    8-K Financial Filing Analysis for Criteo (2026-08-05)

    On August 5, 2026, Criteo S.A. (Luxembourg) entered into an Agreement and Plan of Merger and Common Draft Terms of Cross-Border Merger with its wholly owned Delaware subsidiary, Criteo Holdings, Inc. Under the terms of the agreement, Criteo S.A. will merge with and into Criteo Holdings, Inc. (the "U.S. Merger"), with Criteo Holdings surviving as the ultimate parent company, effectively redomiciling the group to the United States. The transaction is scheduled to take effect at 12:00:01 a.m. New York City time on January 1, 2027. Upon closing, each issued and outstanding ordinary share of Criteo S.A. will be exchanged on a 1:1 basis for common stock of Criteo Holdings, Inc., and existing equity award plans will be converted into corresponding U.S. Criteo awards on equivalent terms. The redomiciliation is subject to customary closing conditions, including Criteo S.A. shareholder approval, Form S-4 registration effectiveness with the SEC, U.S. stock exchange listing approval, and cross-border regulatory clearances.

    • Criteo S.A. signed a merger agreement to redomicile from Luxembourg to Delaware via a merger into Criteo Holdings, Inc., targeted to take effect on January 1, 2027.
    • Shareholders will receive shares of Criteo Holdings, Inc. common stock on a 1:1 exchange ratio for each ordinary share of Criteo S.A. held.
    • The transaction is subject to shareholder approval, SEC Form S-4 effectiveness, and listing approval on a recognized U.S. securities exchange.
  • ·PR Newswire: Technology NewsFinancials

    Pomerantz Probes Criteo Over Securities Fraud Claims

    Pomerantz LLP has launched an investigation into Criteo S.A. on behalf of investors, focusing on potential securities fraud or unlawful business practices by the company and certain officers. The probe follows Criteo's Q2 2026 earnings report on August 5, 2026, which revealed an 11% year-over-year revenue decline, a 49% drop in net income, and a CFO change. The stock plummeted 23.88% on the news. Pomerantz encourages affected investors to contact the firm for potential class action involvement.

    • Pomerantz LLP is investigating Criteo S.A. for possible securities fraud.
    • Criteo's Q2 2026 revenue declined 11% year-over-year.
    • Criteo's net income dropped 49% versus the same period.
MI

Mirakl

Recent Signals

  • ·Mirakl

    Siia Cosmetics Expands Across Four Retail Marketplaces With Mirakl Connect

    Siia Cosmetics expands across four retail marketplaces with Mirakl Connect, as reported by RetailBoss.

  • ·Retail-NewsE-Commerce

    Payback Launches 'Payback Produkte' Marketplace, Expanding Platform Strategy

    Payback, the German loyalty program, has launched 'Payback Produkte', a new marketplace within its app, currently in beta. It allows users to search, buy, and pay for products directly in the app while earning points. The marketplace offers several thousand articles across electronics, home, fashion, and sports. It operates on a model where selected partners and other merchants sell their goods, avoiding Payback holding inventory, with technology from Mirakl. This move strengthens the app as a central platform for shopping, saving, and loyalty. Payback has over 35 million active customers and 18 million active app users, with partner revenue exceeding 46 billion euros last year. The company plans to onboard more merchants and promote the service through its own channels, building on its existing 700+ partners.

    • Payback launched 'Payback Produkte' marketplace in beta within its app.
    • The marketplace offers thousands of products in electronics, home, fashion, and sports.
    • Payback partners with Mirakl for marketplace technology; merchants sell without Payback holding inventory.
  • ·Mirakl

    Q&A: Mirakl chief customer officer on why marketplaces should be a tool, not a strategy

    New press mention added at the top of the Mirakl news listing.

Compare their exact ecosystem overlaps.

Explore all deep relationships in Polaris7. Discover exactly which mutual clients, integrated technologies, and overlapping partners Criteo and Mirakl share across the market ecosystem.