Lazada, Alibaba's Southeast Asian arm, appoints its third CEO in three years
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SINGAPORE (Reuters) - Southeast Asian e-commerce firm Lazada, a unit of Alibaba Group Holding Ltd , on Friday named its third chief executive in three years - a move that comes after it lost ground last year to rival Shopee.Chun Li, Lazada co-president and head of its Indonesia operations, will take the helm from July, replacing co-founder Pierre Poignant.The change was made after a middling performance from the e-commerce firm, two sources with knowledge of the matter told Reuters, declining to..