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Phay The RealReal Looks to Third-Party Ads as It Retools Resale Platform
Wayfair has reduced the time needed to curate product listings by 67%, saved hundreds of thousands of dollar stanley cup s and improved some conversion rates by 2% by deploying Googles artificial intelligence AI technologies.The online retailer shared these results in a Sunday Jan. 10 press release emailed to PYMNTS announcing that it is using Googles Gemini models on Vertex AI to enhance its product catalog a stanley italia nd unlock the next generation of retail experiences. With Google Cloud, weve been able to efficiently scale and enrich stanley polska our product catalogs, enabling us to support a more seamless and engaging shopping experience for our customers, Wayfair Chief Technology Officer Fiona Tan said in the release.Gemini on Google Cloud improved Wayfairs time-to-market by automatically categorizing products across its 30 million product portfolio, delivered cost savings by eliminating the need to manually tag attributes like color and style, and improved conversion rates by increasing the accuracy of product attributes and improving the coverage of attribute tags in the retailers catalog, according to the release.The technology also automatically catches errors in product dimensions and flags inappropriate materials, per the release.Wayfair is also using Gemini for Google Workspace to boost employees productivity, according to the release.The retailer is using AI features in this suite of productivity apps to draft and respond to emails, summarize聽and proofread documents, build presentation templa Outl The Unbanked CFO
The central bank in China is clamping down on mobile payments made via a barcode and scanning devices, a move that could negatively impact Ant Financial, the financial services affiliate of Alibaba and Tencent, the Chinese rival.According to a re stanley kaufen port in Financial Times, regulators in China have placed daily limits on the amount consumers can spend via a barcode payment system. The Peoples Bank of China said that while barcode payments have played a role in financial inclusion, there is a lack of rules and technical standards that create hidden dangers and unfair competition.Under the new rules, payments by a single person using a static barcode are limited to $76 per day. Additional limits apply to barcode payers who didnt complete authentication procedures. The market has developed so fast and has become an important gourde stanley payment method, but there are still some technical and market competition problems that need to be brought under control, said Dong Ximiao, senior analyst at Renmin Universitys Chongyang Institute for Financial Studies in Beijing.The report noted that China is the leader when it comes to mobile payments, many of which are made via scanning a QR code. In 2016, the value of Chinese third-party mobile payments hit $5.5 trillion, and the fast growth is continuing throughout this year. Alipay, which is operated by Ant Financial, is the leading digital payment service in China, followed by Tencent-owned WeChat.When it comes to barcode pa stanley france yments, regulators in China |
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