Poignant had himself replaced Lucy Peng, an Alibaba co-founder, who stepped down as CEO after nine months in 2018 although she remains executive chairwoman. Lazada said Poignant will now become special assistant to Alibaba Group Chairman and CEO Daniel Zheng.Alibaba has long had struggles with managing Lazada, a company it owns 90% of after investing $3 billion since 2016, with employees highlight...