What do you mean by a large commerce model, and why is it powerful?
Replied byFabricio Bloisi
CEO, Prosus and Naspers at Prosus
Niche: AI, eCommerce, Marketplace, Technology, Finance, Edu, Health & Wellness
Revenue: $1M+/month
Location: UK
Started: 2015 or
We have two billion customers, and we can train models on their transactional info, customer service info, fraud info, and more. We are building a large commerce model using that data. It did not exist and was not possible one year ago. Now we can create smarter systems than before.
0
From the Full Interview
This answer is part of a full interview with Fabricio Bloisi, CEO, Prosus and Naspers at Prosus.
Share this Answer
Found this insight valuable? Share it with your network to help others learn from Fabricio Bloisi's experience.
Cite This Answer
Use this answer in your research, article, or academic work
Related Answers
What do you mean when you say dealers have a leverage problem rather than a profit problem?
By Dave Mondragon
Retail
/mo
How do you decide when to adopt new technology?
By Paul Guyett
Retail
$1M+/mo
Did your childhood environment play a role in fostering your entrepreneurial drive?
By Allison Ellsworth
Retail
Approx. $42 Million/mo
What inspired you to begin formulating a prebiotic beverage in your kitchen?
By Allison Ellsworth
Retail
Approx. $42 Million/mo
What did you learn from the farmers market feedback loops for early flavor testing?
By Allison Ellsworth
Retail
Approx. $42 Million/mo
How did your experience in the oil and gas industry help prepare you for entrepreneurship?
By Allison Ellsworth
Retail
Approx. $42 Million/mo
Why do you advise early-stage startup founders against opening their own manufacturing facilities?
By Allison Ellsworth
Retail
Approx. $42 Million/mo