"Yu'e Bao?"
In the brightly lit Ali Headquarters, Taohua Island office.
Ma Liyun's brows furrowed slightly, the corners of his mouth turned down, but a flash of pleasant surprise glinted in his eyes. The expression on his face was a mixture of joy and worry, appearing extremely conflicted.
"At its core, Yu'e Bao is just a fund distribution product. Its advantages are the 'one-yuan minimum investment and deposit or withdraw anytime' feature. It changed the traditional fund redemption method to 'T+0.' This move will drastically increase the account value of Orange Pay."
Lu Zhaoxi added.
What is account value?
It means there is money in the account. The more funds there are, the higher the account's value.
Ever since Wealth Treasure was spun off from Ali Baba, Ma Liyun had been constantly thinking about other profit models.
As a payment tool, its core profit came mainly from third-party transaction fees.
