Yu'e Bao; Chinese name; Yu'e Bao's founding date; Company owned by Yu'e Bao on February 8, 2014; Industry of Alibaba; Finance 1; Yu'e Bao is a balance value-added service created by the third-party payment platform Alipay for individual users, through Yu'e Bao

, users can not only get higher returns, but also consume, pay and transfer out at any time without any handling fees.

Users can directly purchase funds and other financial products on the Alipay website and obtain relatively high returns. At the same time, the funds in Yu'e Bao can be used for online shopping, Alipay transfers and other payment functions at any time.

The funds transferred to Yu'e Bao will be confirmed by the fund company on the second working day, and the income will begin to be calculated for the confirmed shares.

2; Product features: By transferring money into Yu'E Bao, you can get a certain amount of income.

Supports Alipay account balance payment and debit card quick payment (including card) fund transfer.

No handling fees are charged.

Through "Yue Bao", users can not only get "interest" on the funds they deposit in Alipay, but also earn higher returns than interest on bank demand deposits.

According to its official introduction, in 2012, the interest on regular savings of 100,000 yuan per year was 3,250 yuan per year. For example, the income through Yu'ebao can exceed bank interest by more than 750 yuan per year.

Through "Yu'E Bao", users' funds deposited in Alipay can not only get "investment income", but also have higher returns than bank demand deposit interest.

3; On February 8, 2014, the product "Yue Bao User Exclusive Rights Phase 2" was launched and open for reservations.

According to industry insiders, this product is connected to insurance products, with an expected annualized rate of return of 7%, and a commitment to guaranteed capital and bottom line.

Industry insiders believe that this product may be the prototype of Yu'e Bao's second-generation product.

It is understood that the second phase of the user-exclusive rights launched by Yu'E Bao will be publicly sold on the Lantern Festival on February 14, 2014. It is only for Yu'E Bao users, and the funds for purchasing products can only come from Yu'E Bao.

The reservation process shows that users need to enter the exclusive reservation page, transfer funds to Yu'e Bao to complete the reservation, and enjoy the benefits of Yu'e Bao Zenglibao Monetary Fund while waiting for the reservation.