Keep calm and carry on: Ma moved to reassure skittish investors by stating that fears about slowing consumption in China were overblown.
Alibaba Group Holding Ltd chairman Jack Ma, looking to calm investors after a slide in the e-commerce company's shares, said concerns about slowing consumption in China were overdone.
Alibaba has lost more than a third of its value so far this year as fears of slowing growth in China, the company's biggest market, unnerved investors.
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