Lazada gets a new CEO

A surprise development as Lucy Peng, one of Alibaba's dozen of so founding team, stepped down from a role she only took up nine months ago. Her replacement is a Lazada co-founder and long-standing executive Pierre Poignant. It isn't clear whether the succession was planned or is the result of politics, but either way a new era has arrived for Lazada, which has overhauled a lot of senior staff this year.


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