Blogs

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Archives
    Archives Contains a list of blog posts that were created previously.
  • Login
    Login Login form
08
Oct

EBay Acquires Search Tech Company Corrigon Ltd

Posted by on in Market Research
  • Hits: 881

Feeling some increased pressure from Facebook Inc FB 0.19%

's newly launch Marketplace this week, eBay Inc EBAY 1.59% took a step to improve its own marketplace with a new acquisition.

The e-commerce pioneer has announced it has acquired Israel-based visual search engine company Corrigon for approximately $30 million.

According to a press release from eBay Thursday, "Corrigon helps identify objects within an image, matching both visual and textual elements to ensure that the image is recognized, correctly classified and best-matched to its corresponding product."

Corrigon represents eBay's third acquisition in 2016 to enhance the company's structured data efforts. Corrigon technology aims to match the best images to their products so buyers can be confident in their purchases.

"As we continue to evolve the eBay shopping experience, Corrigon's technology and expertise will help buyers find the best results when shopping on eBay through experiences that were not possible a year ago, before our investments in structured data," said Amit Menipaz, vice president and general manager of structured data at eBay.

The Corrigon team will join eBay's structured data organization in eBay's Israeli development center.

At last check, eBay was down 0.23 percent at $32.08.

Full ratings data available on Benzinga Pro.

Do you have ideas for articles/interviews you'd like to see more of on Benzinga? Please email[email protected] with your best article ideas. One person will be randomly selected to win a $20 Amazon gift card!

 

Source : benzinga

Rate this blog entry:
1

Comments

airs logo

Association of Internet Research Specialists is the world's leading community for the Internet Research Specialist and provide a Unified Platform that delivers, Education, Training and Certification for Online Research.

Get Exclusive Research Tips in Your Inbox

Receive Great tips via email, enter your email to Subscribe.

Follow Us on Social Media

Book Your Seat for Webinar GET FREE REGISTRATION FOR MEMBERS ONLY      Register Now