Wumart president appointed Naspers director

Xu Ying, president of Wumei Technology Group, will be appointed as an independent, non-executive director of Naspers Limited, effective June 26.

According to the announcement, Xu, a retail veteran for 15 years, has strong insight and knowledge of China's consumers, especially in retail, online and offline.

Prior to joining Wumei Technology Group, Xu was vice-president of LG (a joint venture) at Tianjin International Trust & Investment.

Xu holds a BA degree in English from Tianjin University, and an MBA from Meinders School of Business, Oklahoma City University.

Naspers is a global consumer internet company and one of the largest technology investors in the world.

Through Prosus, the group operates and invests globally in markets with long-term growth potential, building leading consumer internet companies, including Tencent.

Jason Yu, general manager of Kantar Worldpanel China, said more multinationals have started to consider influential business leaders from China as their independent director, to diversify board members and to showcase their attention and interests to the Chinese and Asian Pacific market.