eBay acquires Israeli startup SalesPredict for more than million

eBay acquires SalesPredict to wise up its buyers’ and sellers’ strategies The move is the second big data acquisition by eBay announced in the last three months eBay announced Monday it would acquire SalesPredict, a company whose software tries to preempt consumer behavior and monitors individuals’ buying preferences for online shopping. The move is a bold one by eBay to upgrade its artificial intelligence and data science efforts, according to a statement by the company. While the two companies refused to disclose terms of the deal, it is reportedly worth between $20 and $30 million. SalesPredict CEO and Co-founder Yaron Zakai-Or takes over as Director of Product Mangement & Technology, while CTO and Co-founder Kira Radinsky becomes the company’s Director of Data Science and Chief Scientist at eBay Israel. The company retains…

Link to Full Article: eBay acquires Israeli startup SalesPredict for more than million

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