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China Daily | Updated: 2014-06-17 07:03
Alibaba includes more details in IPO prospectus
Alibaba Group Holding Ltd, the Chinese e-commerce giant that processed $250 billion of transactions last year, amended the prospectus for its US initial public offering to include the 27 partners who control board nominations. The filing on Monday includes revisions, additional details about the company's business operations and additions to the initial prospectus, which was disclosed May 6.Hangzhou-based Alibaba's IPO may be the largest ever to be listed in the United States.
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