Who founded Yu 'ebao and how much is its total assets?

Yu 'ebao was jointly launched by Alipay and Tianhong Fund, not by anyone.

The details of specific funds are as follows.

2065438+April 2005, the scale of data balance treasure "the second in the world" increased against the market 1000 billion. According to the data of the first quarterly report of Tian Hong Fund, the scale of Tian Hongzeng Libao Monetary Fund docked by Yu 'ebao increased by132.788 billion yuan in the first quarter, reaching 765.438+065.438+0724 billion yuan, which is the first time that the scale of Yu 'ebao has exceeded 700 billion yuan.

Benefiting from the strong growth of Yu 'ebao, the total scale of Tian Hong Fund Company by the end of the first quarter was 727.404 billion yuan, ranking first in the fund market. In addition, Yu 'ebao was successfully promoted to the second largest monetary fund in the world.

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