Meet Lucy Peng, Lazada’s new CEO

Lucy Peng, Lazada CEO. Photo credit: Alibaba

It’s all change today at Lazada, the Alibaba-owned startup that rules online shopping in Southeast Asia, as founder Max Bittner is wheeled out of the CEO office. In his place is Lucy Peng, 45. But who is the new Lazada boss, exactly?

She’s one of Alibaba’s 18 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.

She’s a billionaire worth a little over...

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