Lazada appoints new CEO for Thailand operations

Lazada recently appointed a new CEO for its Thailand operations.
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The Alibaba - owned startup that dominates the online shopping industry in south-east Asia has appointed Lucy Peng as their new CEO.

She’s one of Alibaba’s founders, who set up the US$500 billion online shopping giant alongside Jack Ma back in 1999. Six of Alibaba’s 18 co-founders are female.

Lucy is a billionaire worth a little over US$1.1 billion, by Forbes‘ latest estimate. and she has a lot of strings to her bows. Peng is still executive chair at Alibaba spin-off Ant Financial back in China and brings a lot of networking, expertise, and expansion to the company.

 

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