(Corrects number in first paragraph as 27 instead of 28)
BEIJING, June 16 Chinese e-commerce giant
Alibaba Group Holding revealed the members of its
27-person partnership in its updated initial public offering
prospectus on Monday.
The partnership, which includes founder Jack Ma, Executive
Vice-Chairman Joseph Tsai and Chief Executive Officer Jonathan
Lu, will have the exclusive right to nominate a majority of
Alibaba's nine-member board of directors.
The updated filing gives potential investors more
information about the operations of China's biggest e-commerce
firm, whose initial prospectus, filed in May, was criticised for
its lack of detail.
The size of the U.S. IPO is widely expected to exceed
Facebook Inc's $15 billion initial share sale in 2012.
(Reporting by Paul Carsten and Matthew Miller; Editing by Greg