In 2014, ebay had introduced AI translations for its product listings. And as per a recent study conducted by MIT and Washington University, this translation increased the sales from US to Latin American Nations that speak Spanish. To reach the conclusion, the data was taken from ebay. And it was found that the translation service by ebay reduced the language barriers, thereby making it easy for sellers and buyers to communicate.
Same case has also been observed with many other eCommerce platforms that cater to numerous customers speaking different languages. And it has also been highly recommended for other businesses as well to look into the translation services in order to reach a wider audience. For that regard, many experts have recommended Translation Services Singapore, based on the excellence they portray through their translation projects.
These services do much better work than automatic translations, which has also been observed in the case of ebay. Before 2014, it had enabled automatic translation options, which were not working efficiently. After it activated Artificial Intelligence translations, the sales went up by around 10%. Though there was no change in product descriptions by AI translations, but it helped translate search queries, as well as listing titles. And that accurate translations helped improve the sales much more than automated translations earlier.
Along with just the translations, ebay had also added other localization options, such as visibility of price in local language, local deals, promotions, and so on. It proved that localization helps companies expand their business more, since this way they would be able to connect with a wider audience much easily.
ATFX Raises its Product Offerings with Uber Shares CFDs
After Uber’s listing of its shares on the New York Stock Exchange (NYSE) in the month of May, it was converted into an official public offering. ATFX, popular online trading broker revealed about the new and trending Uber CFDs on its official website and it was done to offer competitive spreads to its traders.
With its launch by Uber for the first time, it was visible to everyone as on-demand equivalent to taxis. In addition to this, the use of technology and its expansion into food delivery as well as new mobility presented it as a threat to traditional services. Currently, it enjoys more value than the market cap of popular companies such as the General Motors Company (GM).
In CFD online trading, Uber has emerged as the major entity in the market. It is possible to take long or short positions in Uber CFD framework and also it is possible to analyze the shares prices in the market. ATFX spokesperson has said that the complete exposure to the CFD’s can only be achieved with a small number of deposits in the initial phase. Only after studying this initial investment, profits or losses can be studied.
Apart from this, as a regulated broker ATFX has announced that if traders face loss in spread betting then they will not be allowed to claim any tax relief against any other income. ATFX, the broker has selections from various sectors such as technology and finance. And also, it also offers products from popular companies such as Apple Inc, Amazon, Alibaba and McDonald’s for trading.
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