Lucy Peng

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Peng Lei ( Chinese  彭蕾 ; born 1972 / 73 ), also known as Lucy Peng , a Chinese businesswoman. She is one of the founders of the Alibaba Group e-commerce company . In March 2017, Peng was one of 21 self-made billionaires in China. '

Career

Peng graduated from Hangzhou Institute of Commerce with a degree in business administration in 1994, later renamed Zhejiang Gongshang University. After graduating, she taught at Zhejiang University of Finance and Economics for five years . Peng stopped teaching shortly after they were married, and together with her husband (who would later run Taobao , Alibaba's eBay-reminiscent of eBay marketplace), she and Jack Ma founded Alibaba in September 1999. They were one of the many married couple tandems. 1/3 of Alibaba's founding partners were women, for which the company was later particularly praised.

Her early roles at the company included heading up Human Resources at Alibaba. It was during this time that one of her notable achievements came in developing the "mom and dad" model at Alibaba, in which a "mom" focused on teamwork and motivation while a "dad" was responsible for performance reviews.

From January 2010 to February 2013, Peng was the CEO of Alipay . Under her leadership, Alipay became the most successful payment gateway within China and grew to over 800 million users by 2014. At the end of 2014, the value was around $ 60 billion.

In March 2013, Peng took over the management of Alibaba Small and Micro Financial Services. There she made significant strides in finding innovations in the mobile payment system.

In 2013, Peng's name was widely circulated in the Chinese press as a candidate for Alibaba's next CEO. Eventually, however, another executive got the job.

In 2014, Peng founded the Ant Financial Services Group . In September 2015, Alibaba and Ant Financial jointly acquired a 40% stake in the Indian wireless operator Paytm , making Peng a member of the board of directors. In 2016, Ant Financial broke the record for the world's largest private fundraiser found for an internet company. This gave the company a valuation of around $ 60 billion.

She also served as the Chief People Officer and was the Alibaba Group's Human Resources Officer for over 10 years. In this position, she oversaw Alibaba's approximately 35,000 employees.

Peng became a billionaire in 2014 based on Alibaba's valuation prior to the record-breaking IPO.

Private

Three years after she started teaching, Peng married Sun Tongyu. She later divorced him briefly, but then remarried.

Porter Erisman described Peng as "a fun and down to earth" guide in his 2012 documentary, Crocodile in the Yangtze, of Alibaba's early years.

Ranking results

As of 2016, Peng was listed by Forbes as the 35th most powerful woman in the world, number 35 on their list of power women for 2016 and number 17 on their list of Asia power women for 2016.

In 2015, she was ranked the third richest woman in the tech sector by Wealth-X, which Fortune confirmed.

Individual evidence

  1. ↑ a b archive.org/web/20140529225438/http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20130117000116&cid=1602 Peng Lei, the lead candidate for Alibaba's next CEO . In: Want China Times , January 17, 2013. Archived from the original on May 29, 2014. 
  2. ↑ Katia Savchuk: Meet The 195 Billionaire Newcomers Of 2017 (en) . In: Forbes . 
  3. ↑ a b Sounak Mitra: Alibaba co-founder Peng Lei set to join Paytm board . Business standard. 19th January 2015.
  4. ↑ a b c Scott Cendrowski: Alibaba's Maggie Wu and Lucy Peng: The dynamic duo behind the IPO . Fortune. 17th September 2014.
  5. ↑ Heather Timmons: Alibaba's Gender Diversity Shames Silicon Valley . Quartz. May 8, 2014.
  6. ↑ Alibaba Financial Arm to boosts Apps as China Net Users Go Mobile . In: Bloomberg , October 16, 2013. 
  7. ↑ Mary E. Scott: com / pictures / fdgk45jklj / lucy-peng-43-china / # 2440af87a005 Asia Power Women 2016 . Forbes. April 6, 2016.
  8. ↑ Kane Wu: Alibaba Affiliate Ant Financial raises $ 4.5 billion in largest private tech funding round . The Wall Street Journal. April 25, 2016.
  9. ↑ com / news / articles / 2013-10-16 / alibaba-financial-arm-to-boost-apps-as-china-net-users-go-mobile Alibaba Financial Arm to boosts as China Net Users Go Mobile . Bloomberg. October 16, 2016.
  10. ↑ a b MPW Asia 2014 . Fortune.
  11. ↑ Amanda Wu: Top 5 Richest Women in World's Tech Sector . Women of china. April 22, 2015.
  12. ↑ Sounak Mitra: Alibaba co-founder Peng Lei wants to join the Paytm board . Business standard. 19th January 2015.
  13. ↑ Scott Cendrowski: com / 2014/09/17 / wu-peng-alibabas-dynamic-duo / Alibabas Maggie Wu and Lucy Peng: The dynamic duo behind the IPO . Fortune. 17th September 2014.
  14. ^ The World's 100 Most Powerful Women . Forbes.
  15. ↑ Wealth-X Reveals Ranked # 11 Most Powerful Woman in Asia: Most Wealthy Women in Technology . Wealth-X. April 15, 2015.

Web links

Note: This article places the family name before the person's first name. This is the usual order in Chinese. Peng is the family name here, Lei is the first name.
personal data
SURNAME Bang, Lucy
ALTERNATIVE NAMES 彭 蕾; Bang, lei
BRIEF DESCRIPTION chinese business woman
DATE OF BIRTH 1972 or 1973