eBay acquires SalesPredict in an attempt to be more like Amazon

Machine learning is all the rage, and eBay is buying its way in via an acquisition of a startup named SalesPredict. SalesPredict is a learning engine that uses your order history to suggest new items you might want to buy. It’s also well suited for marketing, helping businesses target only those who are most likely to buy a product or service. To that, eBay seems to be trying to compete with Amazon; look at a product on Amazon, and a carousel on the front page changes to show you that and similar items, as well as any complimentary purchases you may want to make. In a statement, Vice President and General Manager of Structured Data at eBay Amit Menipaz said “SalesPredict’s deep expertise in predictive analytics and machine learning will…


Link to Full Article: eBay acquires SalesPredict in an attempt to be more like Amazon