In what could be the biggest tech company IPO in history since Facebook in 2012, Alibaba Group Holding gave an updated prospectus on the members of its 27-strong partnership and board on Monday. At the same time, the Chinese e-commerce juggernaut disclosed that its growth in recent quarters has slowed.

The company has said that the partnership will include its founder Jack Ma, Chief Executive Officer Jonathan Lu, and Executive Vice Chairman Joseph Chai. The four independent directors who were asked to join a post-IPO board include Yahoo! Inc. founder Jerry Yan, ex Hong Kong Chief Executive Tung Chee Hwa, and the former vice chairman of Gold Sachs Group Inc., J. Michael Evans.

However, despite revealing the membership of the cadre that will be exerting the most control over the Chinese e-commerce giant, other details have remained scant.

Alibaba's updated filing did not mention where the company would be listed, its proposed ticker symbol, as well as the number of shares and the price range. The upcoming IPO is expected to happen sometime in August depending on several market and economic conditions.

Credit Suisse, JPMorgan Chase, Deutsche Bank, Goldman Sachs Group, Citigroup, and Morgan Stanley are listed as copywriters in the filing. Aside from the possibility of surpassing Facebook as the biggest tech company IPO, Alibaba could also challenge Visa's title of having the biggest U.S. listing if everything else falls into place.

The company's updated F-1 filing also included information on its financial state, showing its full-year revenue at $8.4 billion and a net income of $3.7 billion that can be attributable to shareholders. Furthermore, Alibaba divulged that its operations handle more transactions than eBay and Amazon combined.

While Alibaba shows massive potential with its IPO, experts and economic specialists have raised questions over what seem to be controversial details on the company's plans. For example, Tung Chee Hwa, who plans to be included in the board, is the father-in-law of corporate finance chief Michael Yao. The limited disclosures also make them rather questionable, according to The Economist.