EBay CEO: artificial intelligence is the future of e-commerce development

EBay President and CEO Devin Wenig noted that business development is the future of artificial intelligence, eBay world class artificial intelligence companies through mergers and acquisitions, advanced data mining technologies will enable buyers shopping online saves time and effort, more sellers to bring business opportunities.

EBay Group global business leaders in a series of mergers and acquisitions for the year Expertmaker, SalesPredict two artificial intelligence company and Corrigon image search company, target eBay capacity in the field of artificial intelligence and Machine Learning, flexibility in the use of Structured Data, to improve the personal shopping experience, thereby increasing the sales conversion rate.

EBay actively developing innovative technology, eBay President and CEO Devin Wenig expected, using artificial intelligence in online shopping platform comprises of 3 applications:

(1) the first is to unlock the consumer the real purpose, not simply based on the shopping lists of consumers to recommend stock, but details about the consumers want to buy products, and can predict what consumers will buy next.

(2) Secondly is to use data to deepen business, eBay uses machine learning algorithms to identify specific items in the items list, look for similar sort and recommendations. (3) more intelligent human-computer interaction patterns, commercial transactions, like the dialogue between people, like seeing things like using cell phones to take a picture, right under a single transaction.

Shopping experience within the next few years will be smarter, smoother, and more freedom.

EBay worldwide with 165 million active buyers, and more than 1 billion items published in the vast sea of merchandise, artificial intelligence technology enables "proven" easy, quickly identify the most qualified buyers demand merchandise.

EBay in May, July and October this year respectively, successive mergers and acquisitions such as Expertmaker, SalesPredict and Corrigon 3 companies, showing personalized shopping experience growth of sellers determination.

EBay President and CEO Devin Wenig noted, 2-3 years in the future, artificial intelligence in the field of business and trade development will be far beyond imagination, artificial intelligence will enable consumers to get an unprecedented user-friendly shopping experience, sellers can more complete and direct control over consumer demand.

EBay President and CEO Devin Wenig said, "with artificial intelligence and machine learning technology's ability to interpret natural languages become more powerful, business activities will be as relaxed as a dialogue, the search box will lose relevance," he predicted, "we will see in the future science and technology, business and consumers expect from trilateral convergence". EBay across border trade career Department Taiwan district general manager Fan Zhengya is pointed out that, "with Taiwan sellers published more detailed, and right of commodity information, for structure of data paving, eBay using more mature of artificial intelligence technology, quality of MIT commodity more can was overseas buyers saw, artificial intelligence technology are became eBay sellers deep Europe mature electric business market, and expand non-English Department national of blue sea market key".