Etsy acquires AI startup Blackbird Technologies

This story was delivered to BI Intelligence “E-Commerce Briefing” subscribers. To learn more and subscribe, please click here. BII See Also SAME-DAY DELIVERY: E-commerce giants are battling to own the ‘last mile’ THE FUTURE OF SHIPPING REPORT: Why shipping could be the next billion dollar opportunity for online retailers THE PAYMENT GATEWAYS REPORT: Examining the next generation of payment providers competing in the burgeoning digital commerce market Vintage and handmade goods online marketplace Etsy has acquired artificial intelligence (AI) startup Blackbird Technologies, reports TechCrunch. Blackbird has used its AI tech for e-commerce clients like ThredUp and live-auction site Top hatter to improve search functionality and provide shoppers with more relevant search results, with the hopes that this can drive up conversion rates. This acquisition helps Etsy capitalize on its recent positive…

Link to Full Article: Etsy acquires AI startup Blackbird Technologies

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