March 26 (Reuters) - Alibaba Group Holding Ltd ( BABA )
:
* ALIBABA ( BABA ) CHAIRMAN: SAW NEED TO REACH DEEP INTEGRATION
BETWEEN
CAINIAO AND ALIBABA'S E-COMMERCE BUSINESSES TO WIN MARKET SHARE
AND DRIVE GROWTH
* ALIBABA ( BABA ) CHAIRMAN: GIVEN CHALLENGING MARKET CONDITIONS, IT
WAS
CLEAR THAT TAKING CAINIAO PUBLIC NOW WOULD NOT BE CONSISTENT
WITH OUR LONG TERM STRATEGY
* ALIBABA ( BABA ) CHAIRMAN: THE IPO'S ACHIEVABLE VALUATION WOULD NOT
HAVE
REFLECTED CAINIAO'S TRUE VALUE
* ALIBABA ( BABA ) CHAIRMAN: THE OFFER TO MINORITY SHAREHOLDERS
VALUES
CAINIAO AT $10.3 BILLION
* ALIBABA ( BABA ) CHAIRMAN: ON CAPITAL MANAGEMENT FRONT WE HAVE MADE
SIGNIFICANT PROGRESS IN SELLING NON CORE ASSETS
* ALIBABA ( BABA ) CHAIRMAN: THE MARKET IN THIS PART OF THE WORLD IS
DEPRESSED, THERE'S ALSO A LACK OF LIQUIDITY SO IT DOESN'T MAKE
SENSE FOR US TO GRIND INTO THESE DEALS IF IT DOESN'T UNLOCK
VALUE FOR SHAREHOLDERS
* ALIBABA ( BABA ) CHAIRMAN: ALIBABA HAS A STRONG BALANCE SHEET, CASH
FLOW
AND WE WILL SUPPORT CAINIAO TO MAKE THESE INVESTMENTS
* ALIBABA ( BABA ) CHAIRMAN: WE TAKE A LONG TERM PERSPECTIVE ON
GLOBAL
E-COMMERCE, IN THE FUTURE THIS IS GOING TO BE AN EVEN BIGGER
MARKET
* ALIBABA ( BABA ) CHAIRMAN: RIGHT NOW WE DON'T HAVE ANY PLANS TO
MAKE ANY
CHANGES TO OUR STAKES IN EXPRESS DELIVERY COMPANIES
* ALIBABA ( BABA ) CHAIRMAN: TO MAKE MORE DISCLOSURES ON RETURN OF
CAPITAL
TO SHAREHOLDERS IN COMING MONTHS
* ALIBABA ( BABA ) CHAIRMAN: REGULATION PLAYED NO ROLE IN OUR
DECISION TO
WITHDRAW THE CAINIAO IPO
* ALIBABA CFO: AIMS TO COMPLETE THE CAINIAO SHARE REPURCHASE
BY
JUNE OR JULY, TO FUND SHARE PURCHASE FROM ALIBABA'S EXISITING
LIQUIDITY
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