Alibaba’s Lazada hires Ant Group veteran to head up payments

(BLOOMBERG) -- Alibaba Group Holding Ltd.’s Lazada Group is creating a new role to lead payments in Southeast Asia for the first time, and tapped a former Alipay executive for the position, according to people familiar with the matter.

Dayong Zhang, former general manager of Southeast Asia for Ant Group Co.’s Alipay, will become Lazada’s head of payments, underscoring the e-commerce company’s strategic move to generate growth from the business, according to the people, who asked not to be named.