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Alibaba to disclose names of 28 major shareholders: WSJ

29
May
2014

(Reuters) – Alibaba Group Holding Ltd will name the 28 people who will control the worlds biggest e-commerce firm in an update to its initial public offering filing, the Wall Street Journal said, quoting people familiar with the plans. Alibaba also plans to name its full board in a future filing, the newspaper said, adding that the current board of four members would be expanded to nine. (http://r.reuters.com/hyr69v) The company could not be immediately reached for comment. Former English schoolteacher and lead founder Jack Ma owns 8.9 percent of Alibaba. …

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