No, Yu is a cash management product mainly for individuals, small and micro enterprises and small and micro operators. The product itself is a Yunshangbao monetary fund launched by Tian Hong Fund, which has the characteristics of low risk and high liquidity. It is worthy of new arrival, because it is jointly created by online merchant bank and Tianhong Fund.

Yu 'ebao is a balance appreciation service and current fund management service product under Ant Financial, which was launched on June 20 13. Tian Hong Fund is the fund manager of Yu 'ebao. Is Yu 'ebao connected with Yu 'ebao Monetary Fund under Tian Hong Fund? , characterized by simple operation, low threshold, zero handling fee, ready to use.

Extended data

Taking Yu 'ebao as an example, according to the latest data released by Ant Financial, the number of users transferred to Yu 'ebao increased by 44% compared with the same period of last year, and the transfer amount increased by 60% compared with last year. Geographically, during the Spring Festival this year, the number of urban users of Yu 'ebao increased by 43% year-on-year, and rural users were 1 1 percentage point higher than urban users, accounting for 54%.

The data of third, fourth and fifth tier cities reached 45%, 59% and 6 1% respectively. The six provinces of Henan, Guizhou, Gansu, Shanxi, Sichuan and Jiangxi all increased by more than 60% year-on-year, and the 15 province increased by more than 50% year-on-year.

Baidu encyclopedia-Yu' ebao

Baidu encyclopedia-Yu