Ebay Acquires Sales Predict in Impulse Buy of Its Own

By James Bagshawe | 1:27 am, August 20, 2016 If you thought that eBay was the place you went to just to sell off that laserdisc collection you haven’t watched for ten years, it turns out you’re only part right. Far from tagging itself as something catchy like ‘the biggest yard sale on the Internet’ (go ahead, eBay, you can use it), it now decides that it really wants to join the cool kids and get into this whole machine learning stuff. It has acquired a company called SalesPredict (you’ll never guess what they do!) for the catchy figure of ‘an undisclosed sum’. So why is eBay doing this? Well, according to venturebeat it is to improve their artificial intelligence, machine learning and data science efforts. Presumably what this means…


Link to Full Article: Ebay Acquires Sales Predict in Impulse Buy of Its Own