Swapifly and Hong Kong Baptist University join e-Tailing Data Research using AI Machine Learning

CENTRAL DISTRICT, Hong Kong - July 18, 2023 - PRLog -- Swapifly Limited and Hong Kong Baptist University Business Society Research Team announced that they will conduct an exciting industry-academia cooperation research project. The project focuses on using artificial intelligence machine learning and ChatGPT for online retail trend analysis.

Swapifly Technology Limited" won the Best Artificial Intelligence Online Classification Platform Award at this year's FinTech Awards and received incubation funding from Hong Kong Science and Technology Park Corporation as a [Incubation Program] incubation company. Swapifly has been committed to innovating the online retail industry. With the in-depth application of cutting-edge technologies such as artificial intelligence machine learning and ChatGPT, it has successfully created an excellent buying and selling platform, and focuses on the resale of limited edition, out-of-print and luxury goods.

The focus of this research project is to use machine learning technology to collect artificial intelligence models of different retail products on major e-commerce platforms. These models can carefully analyze practical data such as price index, product description, photo display, and seller performance rating. In business applications, the research provides real-time product analysis and rating for online sellers. Combined with the product list of ChatGPT, sellers can compare the performance of their own selling products with the market situation through a real-time dashboard.

Mr. Joseph Yuen, Founder & CEO of Swapifly Limited: "We are thrilled to collaborate with Hong Kong Baptist University on this groundbreaking research project. By harnessing the power of Machine Learning and ChatGPT, we aim to revolutionize the online retail industry by providing real-time analytics and insights to sellers, enabling them to make data-driven decisions and enhance their performance in the market."

The academic value of the research lies in providing real-time, multi-category retail product indexes across different online channels. These indexes can offer historical records of consumer products in various retail markets.

Dr. Monique Wan, Associate Dean (Tpg Studies) of the School of Business at Hong Kong Baptist University: The digital economy has completely changed the business model and promoted the development of startups, prompting companies to adopt cutting-edge methods to improve efficiency in response to new challenges. Data is becoming more and more valuable in this digital age, and companies in various industries are eager to gain insights from it. To this end, we will integrate research and teaching with artificial intelligence and data to promote cutting-edge development. The college works closely with the business community to research and solve practical challenges faced by companies, further paving the way for the future development of the field.

Visit Swapifly for more details: https://www.swapifly.com