BRIEF-Alibaba: Plan to sell Bilibili ADR aligns with our capital management objectives

Reuters03-22

March 22 (Reuters) - ALIBABA SPOKESPERSON:

* THE PLAN TO SELL BILIBILI ADR ALIGNS WITH OUR CAPITAL MANAGEMENT OBJECTIVES AND WILL NOT AFFECT OUR BUSINESS COOPERATION WITH BILIBILI

* OUR AFFILIATED BUSINESSES WILL CONTINUE TO COOPERATE WITH BILIBILI ACROSS VARIOUS AREAS

Further company coverage:

(Reporting by Beijing newsroom; Editing by Christopher Cushing)

((Judy.Hua@thomsonreuters.com;))

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