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Lucy Peng

Lucy Peng

Founder. Former CEO of Lazada Group.

Peng Lei, also known as Lucy Peng, is a businesses woman born in 2970 who is known for being a cofounder of the Alibaba Group.

Lei is on the 2016 Forbes China Rich List and is a billionaire based on her holdings of Alibaba Groups financial services arm, Ant Financial. She is one of 21 self-made female billionaires in China, and in 2016 she was named the worlds 35th most powerful woman in the world by Forbes on their list of Power Women.

Lucy Peng married Sun Tongyu in 1997 who went on to start a business with Jack Ma in Beijing which went on to become the Alibaba Group. In 1999 Lei quit her job and partnered with her husband and Jack Me to become one of the co-founders of Alibaba and head of the company's human resource department.

Education
Hangzhou Institute of Commerce

In 1994 Peng Lei graduated from the Hangzhou Institute of Commerce with a degree in business administration. After graduating from the Hangzhou Institute of Commerce she began teaching at the Zhejiang University of Finance and Economics for the next five years.

Timeline

1971
Lucy Peng was born in People’s Republic of China.

Patents

Further Resources

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News

Title
Author
Date
Publisher
Description
Mark Stenberg, Jennifer Ortakales Dawkins, Dominick Reuter and Emily Canal
December 11, 2020
Business Insider
These paydays include billions of dollars for companies in finance, real estate, and transportation, as well as millions for a hot ecommerce site.

References

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