Prosper Insights & Analytics and Fung Business Intelligence Centre Announce Strategic Alliance

Columbus, Ohio and Hong Kong, China — October 19, 2015 — Prosper Insights & Analytics™, a leading provider of business intelligence solutions, and Fung Business Intelligence Centre (FBIC), the research arm of the Hong-Kong based multinational Fung Group, announced today that they have formed a strategic alliance to provide unique insights and analysis on retail and technology trends regarding U.S. and Chinese consumers. As part of the alliance, the FBIC experts will have access to Prosper’s consumer and market information as well as predictive analytics and software applications which they can use as a source for special analysis to be included in articles, reports and other publications.
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“Our relationship with Prosper affords us the opportunity to dive into their data warehouse which includes extensive intelligence on both U.S. and Chinese consumers and markets,” said Deborah Weinswig, Executive Director and Head of Global Retail & Technology for the Fung Business Intelligence Centre. “Access to this information further supports our capability to provide thought leadership on consumer trends and tech innovation reshaping the global landscape for the retail industry worldwide.”

Prosper has unique capabilities and expertise in developing and maintaining market and competitive intelligence for both the United States and China markets through its methods, software, data, algorithms and predictive analytic applications. The Fung Business Intelligence Centre collects and analyzes market data on sourcing, supply chains, distribution and retail and provides thought leadership on technology and other key issues shaping their future.

“In these challenging economic times, the combination of Prosper’s unique datasets and Fung’s expertise in analyzing data can provide great value to businesses trying to navigate turbulent markets in both the U.S. and the PRC,” said Phil Rist, EVP, Prosper Insight & Analytics.

About Prosper Insights & Analytics™
Prosper Insights & Analytics provides advanced business intelligence using sophisticated analytical software to examine big datasets and provide answers to executives via its cloud-based InsightCenter™ platform powered by Prosper Technologies. By integrating a variety of data including economic, behavioral and attitudinal data, Prosper Insights & Analytics delivers insights for executive decision making. Further, it is continually identifying unique insights through analytics to enable marketers to make knowledge-based decisions rather than relying on intuition. To learn more: www.ProsperDiscovery.com

Prosper Insights & Analytics is a registered trademark of Prosper Business Development.

About the Fung Business Intelligence Centre
The Fung Business Intelligence Centre serves the Fung Group of companies as a knowledge bank. Focused mainly on China’s economy, industries, logistics and distribution sector, its research scope covers the whole spectrum of the supply chain, from ideas, production, distribution, retailing to consumers. It also provides research analyses and consulting services for external clients of Fung Group companies to assist their day-to-day decision-making. To learn more: www.fbicgroup.com

About the Fung Group
Fung Holdings (1937) Limited, a privately-held business entity headquartered in Hong Kong, is the major shareholder of the Fung Group of companies, whose core businesses are engaged in trading, logistics, distribution and specialty retailing, including controlling interests in publicly-listed Li & Fung Limited (SEHK: 00494), Convenience Retail Asia Limited (SEHK: 00831) and Trinity Limited.

Contact:
Prosper Insights & Analytics™
Chrissy Wissinger, Director, Communications
614-846-0146
chrissy@goProsper.com

Stacie Nelson, Client Services & Marketing Director
614-846-0146
stacie@goProsper.com

Fung Business Intelligence Centre
Debra Hazel
Debra Hazel Communications
212-618-1349
debra@debrahazelcommunications.com

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