Uploaded by FinancialNewsOnline on Nov 21, 2011
eBay (NASDAQ:EBAY) announced it has acquired the innovative team and technology of Hunch, an online launched in 2009 that delivers customized recommendations to its users banned on their individual tastes.
Mark Carges, Chief Technology Officer and Senior Vice President, Global Products, Marketplaces said, "We are engaging consumers in innovative ways and attracting top technologists to shape the future of commerce. With Hunch, we're adding new capabilities to personalizing the shopping experience on eBay to the individual relevant tastes and interests of our customers. We expect Hunch's technologies to benefit eBay shoppers as they browse and buy, and to bring sellers on eBay new ways to connect the right products with the right customers."
Hunch's employees will remain with the company, including co-founders Chris Dixon, Tom Pinckney and Matt Gattis.
Hunch will continue to be based in New York.
eBay (NASDAQ:EBAY) has potential upside of 36.3% based on a current price of $28.49 and an average consensus analyst price target of $38.84.
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Mark Carges, Chief Technology Officer and Senior Vice President, Global Products, Marketplaces said, "We are engaging consumers in innovative ways and attracting top technologists to shape the future of commerce. With Hunch, we're adding new capabilities to personalizing the shopping experience on eBay to the individual relevant tastes and interests of our customers. We expect Hunch's technologies to benefit eBay shoppers as they browse and buy, and to bring sellers on eBay new ways to connect the right products with the right customers."
Hunch's employees will remain with the company, including co-founders Chris Dixon, Tom Pinckney and Matt Gattis.
Hunch will continue to be based in New York.
eBay (NASDAQ:EBAY) has potential upside of 36.3% based on a current price of $28.49 and an average consensus analyst price target of $38.84.
.
Hunch (website) - Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Hunch_(website)
Hunch is a website, designed as a collective intelligence decision-making system that uses decision trees to make decisions based on users' interest. Hunch is ...
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