Yu 'ebao is connected with Yu 'ebao Monetary Fund under Tian Hong Fund, which is simple to operate, low in threshold and free of handling fee. In addition to the financial management function, Yu 'ebao can also be directly used for shopping, transfer, payment, repayment and other consumer payments. It is a cash management tool in the era of mobile Internet. At present, Yu 'ebao is still the largest monetary fund in China.
2065438+On May 3rd, 2008, Yu 'ebao newly accessed two money fund products, namely "Boss Cash Income Currency A" and "China-Europe Rolling Qian Bao Currency A", which are owned by Boss and China-Europe Fund Company.
: 065438+In March 2006, Jing Xiandong, president of Ant Financial, delivered a keynote speech entitled "Promoting inclusive finance with Science and Technology" at the 20 16 summit of global inclusive finance partner organization, and shared the inclusive finance concept of Ant Financial and its exploration and achievements in this field. GPFI is the G20 framework. Jing Xiandong pointed out that Ant Financial was named "Ant" because its meaning was in line with the original meaning of inclusive finance, which was to serve small and micro enterprises and ordinary people.
Since Alipay, Ant Financial has had sub-business segments such as Alipay, Yu 'ebao, Lucky Treasure, Ant Wealth, Online Merchant Bank, Ant Flower Garden, Sesame Credit, Ant Financial Cloud, and Ant Guest. At present, Alipay has 450 million active users, and the cost of each payment transaction is as low as 0.02 yuan; Yu' ebao serves 250 million users and brings more than 50 billion yuan in revenue to users; The data-based credit information lending system has provided services to 2.6 million small and micro enterprises, with loans exceeding 600 billion yuan.
References:
Baidu encyclopedia-Yu' ebao