Click-Through Rate (CTR) prediction has been an indispensable component for many industrial applications, such as recommendation systems and online advertising. CTR prediction systems are usually based on multi-field categorical features, i.e., every feature is categorical and belongs to one and only one field. Modeling feature conjunctions is crucial for CTR prediction accuracy. However, it requires a massive number of parameters to explicitly model all feature conjunctions, which is not scalable for real-world production systems. In this paper, we describe a novel Field-Leveraged Embedding Network (FLEN) which has been deployed in the commercial recommender system in Meitu and serves the main traffic. FLEN devises a field-wise bi-interaction pooling technique. By suitably exploiting field information, the field-wise bi-interaction pooling captures both inter-field and intra-field feature conjunctions with a small number of model parameters and an acceptable time complexity for industrial applications. We show that a variety of state-of-the-art CTR models can be expressed under this technique. Furthermore, we develop Dicefactor: a dropout technique to prevent independent latent features from co-adapting. Extensive experiments, including offline evaluations and online A/B testing on real production systems, demonstrate the effectiveness and efficiency of FLEN against the state-of-the-arts. Notably, FLEN has obtained 5.19% improvement on CTR with 1/6 of memory usage and computation time, compared to last version (i.e. NFM).
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