it's different. The difference between Yu Libao and Yu 'ebao is that the yield is different. Although the yield is not the same, the calculation method is similar. At present, the daily yield of Yu Libao is about 2.4%, while the yield of Yu 'ebao is about 2.3%.

The second difference between Yu Libao and Yu 'ebao: different customer groups. Yu Libao's customer groups are mainly Tmall and Taobao market enterprises, and sellers can use it in Qianniu and Seller Center, while Yu 'ebao is mainly invested by Taobao buyers and friends with spare money

The difference between Yu Libao and Yu 'ebao is three: the investment platform is different. At present, Yu Libao can only invest in the online merchant bank launched by Ma Yun, and cannot be used in Alipay.

What is Yu Libao, an online merchant bank? Yu Libao is called "Tianhong Fund Yunshangbao Money Market Fund" and belongs to the money market fund. The fund code is 1529. For more information, please visit Tianhong Fund official website to obtain it. Security and risk of online merchant bank Yu Libao's funds: Security of funds: As a financial institution, online merchant bank has a perfect security system, and Yu Libao's funds can only be transferred to my online merchant bank account in online merchant app, so the funds are very safe. Investment risk: any investment has certain risks, but Yu Libao's investment is a low-risk monetary fund, such as bank deposits, certificates of deposit, government bonds, etc., and so far Yu Libao has not suffered losses. But money funds are not deposits.