SINGAPORE: Alibaba Group Holding Ltd has appointed a long-time veteran to replace Pierre Poignant as Lazada Group Chief Executive Officer, the latest top-level reshuffle at the Chinese e-commerce titan’s Southeast Asian operation.
Li served as chief technology officer for Alibaba’s business-to-business division between 2014 and 2017 before joining Lazada. He was a chief architect of the firm’s technology platform and currently serves as a Lazada president, the Singapore-based company said.Poignant, who co-founded Lazada for Rocket Internet in 2012, was promoted to CEO in 2018 and will now become special assistant to Alibaba CEO Daniel Zhang.
Lazada aims to serve 300 million Southeast Asians by 2030, up from 65 million now, Poignant told Bloomberg News earlier this year.
Source: News Formal (newsformal.com)
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