Alibaba's Tsai: We are a long-term bet, better than a year ago

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Tsai said in an interview with Reuters investors should take a long-term view of the stock rather than looking for a quarter-to-quarter pop.

Despite fears of a Chinese economic slowdown crippling consumption, Tsai said the country's consumers are "very, very healthy".

(Reporting by John Ruwitch and Paul Carsten)