Capcom has announced the upcoming Street Fighter V March 2016 update will be split into two parts.

The first part will launch on March 28th, and it will include the new “Challenge Mode,” an online rematch option, various bug fixes, gameplay balances, and battle lounge improvements.

Following this on March 30th is the addition of Alex and his story content. Featured above, you can view a new video going over the new update.

You can find a full breakdown of the update below:

• Challenge Mode
  • Demonstrations: Learn the ins and outs of Street Fighter V through helpful demonstration and tutorial content. Contains content for each of the 16 characters, as well as advice geared towards players of all skill levels:
    • Beginner Tutorials: 12 lessons covering, movement, normal attacks, special attacks, V-System, throws, counter hits, chip/recoverable damage, etc.
    • Intermediate Tutorials: 11 lessons covering projectiles, invincibility frames, armor and armor break, recovery, cross-up attacks, anti-air options, etc.
    • Advanced Tutorials: 4 lessons covering back dashing, frame advantage/disadvantage, combo potential, button priority, etc.
    • Character Tutorials: 16 lessons covering each individual character.
  • Trials: Put your skills to the ultimate test with combo trials for all 16 characters, ranging from basic to pro combos.  Completing Trials will also earn you some extra Fight Money.

• Online Rematch Option
  • Salty from a close loss online? Want revenge?  Players can now play a 2/3 set in Ranked Match and Casual Matches, provided both players accept the rematch.

• Battle Lounge Improvements
  • Enjoy up to 8 person lobbies, complete with match spectating.
• Bug fixes and gameplay balancing
  • Various game bugs have been fixed, along with minor gameplay balancing. For more details please see the previous post.

The second drop will take place on March 30 (WED) at 10AM PT and contains the following content:

• Alex + related character story content
• In-Game Shop
  • Fight Money Expenditure: Spend your hard earned Fight Money to purchase extra game content, such as DLC characters (100,000 FM each) and the Story Mode Costumes (40,000 FM each).

The “Zenny” or real-life money purchasing in-game shop won’t be added to the game in this update. Capcom is reportedly looking into this further, as they are concerned over how this will jive with existing users:

One feature that will not be making it into the March update will be the Zenny (real money) functionality of the in-game shop. We have taken a long hard look at this part of the store, and after much review, have decided it is not ready to launch just yet. As Zenny is purchased with real money, we wanted to be extra careful and make sure it’s fully tested and optimized before launching it. There is currently no ETA on the Zenny store and we will release it as soon as it’s ready.

If you were looking to just outright purchase Alex via the Zenny shop, you can try him out for free, until the Zenny shop launches.