Business Standard

Alibaba Group's 'most influential woman' to get $5 bn richer on Ant IPO

The co-founder of the e-commerce giant rarely speaks in public and is little known outside of China, but over the past two decades she's played a key role guiding Jack Ma's empire

Photo: Bloomberg
Premium

The former finance teacher is also emerging as one of the wealthiest people within the wildly successful Alibaba ecosystem and one of the richest women on the planet. |Photo: Bloomberg

Venus Feng | Bloomberg
Lucy Peng has been dubbed Alibaba Group Holding Ltd.’s most influential woman.

The co-founder of the e-commerce giant rarely speaks in public and is little known outside of China, but over the past two decades she’s played a key role guiding Jack Ma’s empire. Peng, 47, helped set up Alibaba’s human-resources department, was Ant Group Co.’s chief executive officer and is now executive chairwoman of Lazada Group SA, the Southeast Asian e-commerce platform.

The former finance teacher is also emerging as one of the wealthiest people within the wildly successful Alibaba ecosystem and one of the richest women on the

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 28 2020 | 10:29 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com