Criteo S A : Uber UK Launches New Commerce Advertising Surface on Uber Eats with PepsiCo

Powered by Criteo to provide FMCG brands with Sponsored Items listing opportunities directly on the Uber Eats app

London, June 4, 2024 - Today, Uber's advertising division in the UK announces the launch of Sponsored Items, with PepsiCo one of its first brand partners to leverage the new advertising surface on Uber Eats. Powered by Criteo, the network provides fast moving consumer goods ("FMCG") brands with Sponsored Items opportunities directly on the Uber Eats app. Following a successful launch in the US and Canada, Sponsored Items is now live in 12 markets including Australia, Brazil, France, Japan and Mexico. This new suite of performance advertising capabilities enhances the customer experience by increasing the discoverability of relevant products and brands, while driving value for both Uber Eats and its brand partners.

Uber selected Criteo to power the new offering earlier this year - the commerce media platform provides the underlying technology globally to activate FMCG brands within the Uber Eats grocery and convenience shopping experience. Through Criteo's Commerce Media Platform capabilities, FMCG brands in the UK can now promote their brand and products via Sponsored Items activations on Uber Eats' app, with ambitions to launch additional formats and surfaces by the end of the year.

"Uber helps millions of users in the UK go anywhere and get everything, and this allows us to help connect brands with consumers during their interaction with the Uber platform," said Paul Wright, Uber's Head of Advertising UKI. "As we continue to invest in our advertising capabilities, this new advertising surface on Uber Eats will give brands in the UK the tools to capture the attention of ready-to-purchase consumers."

PepsiCo is one of Uber's first brand partners to activate Sponsored Items on Uber Eats in the UK, allowing the FMCG company to increase visibility for items across their snacking range including Walkers, Sensations and Doritos.

"Our first Sponsored Items campaign not only gave us a significant sales lift, but also provided us with strategic insights into consumer searches on Uber Eats and our customers' expectations," said Lisa Whittlestone eCommerce Marketing Lead, Rapid Delivery / Quick Commerce.

Nicole Kivel, Managing Director, Northern Europe at Criteo added, "The expansion of this partnership reflects the unique opportunities Uber offers advertisers to engage with scaled, in-market audiences and the huge potential of retail media beyond traditional retailer environments. Quick Commerce is the next evolution of grocery shopping and represents a unique audience moment for Fast Moving Consumer Goods brands. We look forward to helping Uber advertising further increase the discoverability of relevant products and brands, enhancing the consumer experience while driving value for both Uber Eats and its partners."

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About Uber
Uber's mission is to create opportunity through movement. We started in 2010 to solve a simple problem: how do you get access to a ride at the touch of a button? More than 47 billion trips later, we're building products to get people closer to where they want to be. By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities.

About Criteo
Criteo (NASDAQ: CRTO) is the global commerce media company that enables marketers and media owners to drive better commerce outcomes. Its industry leading Commerce Media Platform connects thousands of marketers and media owners to deliver richer consumer experiences from product discovery to purchase. By powering trusted and impactful advertising, Criteo supports an open internet that encourages discovery, innovation, and choice. For more information, please visit
www.criteo.com.

About PepsiCo
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $91 billion in net revenue in 2023, driven by a complimentary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales.

Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with pep+ (PepsiCo Positive). pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. For more information, visit www.pepsico.com, and follow on X (Twitter), Instagram, Facebook, and LinkedIn @PepsiCo.

Read the press release on the Uber website here

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