eBay buys predictive analytics company SalesPredict

For eBay, one of the company’s most important initiatives these days is to make the shopping experience better for both buyers and sellers, specifically through the use of artificial intelligence and machine learning. The company wants to better understand what it is that its customers want, and what they’re looking for.  To that end, eBay has acquired SalesPredict, a predictive analytics company, it was announced on Monday. No financial terms of the deal were disclosed, but this seems to be mostly an acqui-hire, as an undisclosed number of SalesPredict’s employees will be join eBay’s structured data organization, working from eBay’s Israeli Development Center in Netanya. That includes Yaron Zakai-Or, Co-Founder and CEO of SalesPredict, who will serve as a Director of Product Management, Technology, as well as  Kira Radinsk, Co-Founder and CTO of the company, who will…

Link to Full Article: eBay buys predictive analytics company SalesPredict

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