We have some exciting news to share about a new breakthrough technology we have developed!
Check out our latest press release and discuss below:
Listia Develops Technology to Predict the Ending Price of Auctions
FOR IMMEDIATE RELEASE
MOUNTAIN VIEW, CA /PRNewswire/ — Listia Inc., the world’s largest online trading marketplace, today announced that it has developed a new algorithm that accurately predicts the future ending price of any online auction.
As the fastest-growing trading marketplace on mobile and web, Listia has become the go-to resource for users who want to trade-in unwanted items for spendable credits. Credits can then be applied to any item posted on Listia, allowing users to acquire items they actually need and want, from the latest gadgets to jewelry, gaming systems to baby clothes.
“Our users were tired of trying to win Listia auctions without knowing what the ending price would be, so we worked hard over the last year to develop the world’s first future-price-prediction engine,” said Gee Chuang, CEO of Listia. “The average home in America is riddled with over $7,000 in unused stuff, so we’re thrilled to help people leverage that value to get things they actually want. Now, instead of ‘sniping’ at the last second, our new feature will allow people to simply ‘know’ how much to bid without having to compete with anyone.”
The feature will be rolled out slowly to a group of beta users as a Listia Perk over the next 48 months and is expected to be fully available on April 1, 2034. Users can activate the feature for a small fee.
Listia is a trading marketplace that helps anyone turn their unwanted clutter into things they want and need, all for free. Founded in 2009, Listia is headquartered in the heart of Mountain View, CA and is backed by General Catalyst, Andreessen Horowitz, SV Angel, Y Combinator and others. For more information, visit www.listia.com. Download Listia’s mobile app for both iPhone and Android devices.
Edit (4/2/14): Hope everyone enjoyed our April Fool’s joke :) Thanks from all of us at Listia!