Alibaba-backed Lazada replaces Lucy Peng as chief executive[size=0.8em]By Alice Woodhouse in Hong Kong
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Southeast Asian ecommerce company Lazada has replaced chief executive Lucy Peng - a member of backer Alibaba’s top brass - as part of its succession planning.
Pierre Poignant will take over from Ms Peng with immediate effect, Lazada said in a statement on Thursday. He was appointed group executive president in August and will lead Lazada’s “strategic development into new growth pillars” as chief executive.


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