Alibaba's Lazada to announce Chun Li as new CEO

Alibaba
# 26 June 2020 09:51 (UTC +04:00)

Lazada, the Southeast Asian arm of Chinese e-commerce firm Alibaba Group Holding, is set to announce a new chief executive officer as early as on Friday, two sources with direct knowledge of the matter said, APA reports citing Reuters.

Lazada Chief Executive Officer Pierre Poignant will be replaced by Chun Li, a Lazada co-founder and head of its Indonesia operations, they said.

Lazada did not immediately respond to requests for comments.

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