eBay Buying Israeli Startup SalesPredict

eBay is buying Israeli startup SalesPredict, the online commerce giant announced on Monday.SalesPredict’s software uses customers’ order history in order to suggest new items for purchase. The acquisition is an attempt by eBay “to be more like Amazon,” stated industry analyst Nate Swanner on TheNextWeb, while noting that it was surprising that eBay didn’t already have this functionality. Customers viewing a product on Amazon’s websites are presented with a dynamic carousel of listings for similar items and potential complimentary purchases, noted Swanner. “SalesPredict is eBay’s latest acquisition that will support its artificial intelligence, machine learning and data science efforts,” eBay explained in its announcement. “For our buyers, it will help us better understand the price differentiating attributes of our products, and, for our sellers, it will help us build out…


Link to Full Article: eBay Buying Israeli Startup SalesPredict