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BRIEF-Bilibili And Tencent Announce Equity Investment

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Oct 3 (Reuters) - Bilibili Inc:

* BILIBILI AND TENCENT ANNOUNCE EQUITY INVESTMENT

* BILIBILI INC - DEAL FOR APPROXIMATELY US$317.6 MILLION

* BILIBILI INC - TENCENT WILL SUBSCRIBE FOR 25.1 MILLION NEWLY ISSUED CLASS Z ORDINARY SHARES OF BILIBILI

* BILIBILI INC - PURCHASE PRICE WILL BE US$12.67 PER CLASS Z ORDINARY SHARE, WHICH IS EQUIVALENT TO US$12.67 PER AMERICAN DEPOSITARY SHARE OF BILIBILI

* BILIBILI - UPON CLOSING, TENCENT WILL BENEFICIALLY OWN ABOUT 12.3% OF BILIBILI'S TOTAL ISSUED SHARES Source text for Eikon: Further company coverage: