MOON Embedding: Multimodal Representation Learning for E-commerce Search Advertising
Chenghan Fu, Daoze Zhang, Yukang Lin, Zhanheng Nie, Xiang Zhang, Jianyu Liu, Yueran Liu, Wanxian Guan, Pengjie Wang, Jian Xu, Bo Zheng

TL;DR
This paper presents MOON, a multimodal representation learning framework for e-commerce search advertising, which significantly improves click-through rates through a three-stage training paradigm and iterative optimization over three years.
Contribution
Introducing MOON, a comprehensive multimodal learning system with a novel training paradigm and insights into scaling laws, deployed across Taobao's advertising system for improved performance.
Findings
Achieved +20% online CTR improvement.
Identified image-based recall as a key intermediate metric.
Provided systematic analysis of scaling laws in multimodal learning.
Abstract
We introduce MOON, our comprehensive set of sustainable iterative practices for multimodal representation learning for e-commerce applications. MOON has already been fully deployed across all stages of Taobao search advertising system, including retrieval, relevance, ranking, and so on. The performance gains are particularly significant on click-through rate (CTR) prediction task, which achieves an overall +20.00% online CTR improvement. Over the past three years, this project has delivered the largest improvement on CTR prediction task and undergone five full-scale iterations. Throughout the exploration and iteration of our MOON, we have accumulated valuable insights and practical experience that we believe will benefit the research community. MOON contains a three-stage training paradigm of "Pretraining, Post-training, and Application", allowing effective integration of multimodal…
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Taxonomy
TopicsConsumer Market Behavior and Pricing · Information Retrieval and Search Behavior · Recommender Systems and Techniques
