Guest post: Will Alibaba replace more people at Lazada?

An employee at online retailer Lazada walks into the company's office in Jakarta, Indonesia April 15, 2016. REUTERS/Darren Whiteside - RTX2A348

Alibaba announced that they are putting US$2 billion additional investment (in Lazada). While the group maintains its 83% share of Lazada, it replaces CEO Max Bittner with Lucy Peng, Executive Chair of Ant Financial Services.

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