June 16, 2014
Chinese e-commerce giant Alibaba Group Holding revealed today the members of its powerful 27-person partnership and board. In an updated prospectus for what could be the largest tech IPO in history, Alibaba said the partnership includes founder Jack Ma, Executive Vice Chairman Joseph Tsai and former Vice Chairman of Goldman Sachs Group J Michael Evans.
Alibaba is widely expected to exceed Facebook’s $15 billion initial share sale in 2012 when it debuts late this summer on a U.S. exchange. The IPO may be the largest listed U.S offering on record.
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