Lazada Vietnam appoints Chinese CEO
In this article (5)
Chinese national Zhang YiXing, 36, will take over from Alexandre Joel David Sylvain Dardy, who was the CEO since 2014.
The change in leadership was announced by Lazada Vietnam’s legal representative, the Recess Company.
In 2016, Chinese e-commerce giant Alibaba purchased 83 percent of Lazada’s stocks for $2 billion. In March, Alibaba injected another $2 billion into Lazada to boost its Southeast Asian expansion.
Founded in 2012, Lazada currently operates in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam, and has 560 million consumers in the region.
Questions & Answers
Q.Who is the new CEO of Lazada Vietnam?
Who is the new CEO of Lazada Vietnam?
Chinese national Zhang YiXing, 36, is taking over as CEO. He replaces Alexandre Joel David Sylvain Dardy, who held the position since 2014.
Q.Which company announced the leadership change at Lazada Vietnam?
Which company announced the leadership change at Lazada Vietnam?
The change in leadership was announced by Lazada Vietnam’s legal representative, the Recess Company. This entity confirmed Zhang YiXing's appointment.
Q.How much has Alibaba invested in Lazada?
How much has Alibaba invested in Lazada?
Alibaba purchased 83 percent of Lazada’s stocks for $2 billion in 2016. In March, Alibaba injected another $2 billion into Lazada to support its expansion in Southeast Asia.
Q.In which countries does Lazada currently operate?
In which countries does Lazada currently operate?
Lazada currently operates in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. The company was founded in 2012.
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