GGV's Tung Feels Vindicated by Alibaba's Revenue Growth

The transcript discusses Alibaba's impressive growth despite market skepticism, focusing on its revenue growth and new retail strategy that integrates offline and online commerce. The HEMA concept is highlighted as a key innovation. A comparison with Amazon's grocery efforts in the US is made, emphasizing the advanced mobile payment market in China, which is significantly larger than that of the US.

In what ways do the mobile payment habits of Chinese consumers differ from those in the United States?

What delivery and service levels are highlighted in the text as being unique to the Chinese market?