Is MYbank a subsidiary of Alibaba?
网商银行是阿里巴巴集团的下属公司，阿里巴巴集团对网商银行有控制权。
网商银行是由阿里巴巴旗下的蚂蚁金服作为大股东发起设立的中国第一家核心系统基于云计算架构的商业银行。它作为银监会批准的中国首批5家民营银行之一，于2015年6月25日正式开业。
Professional answer
MYbank is a subsidiary of Alibaba Group, which has control over it.
MYbank is the first commercial bank in China with a core system based on cloud computing architecture, initiated and established by Ant Financial, a subsidiary of Alibaba, as a major shareholder. As one of the first five private banks in China approved by the China Banking Regulatory Commission, it officially opened on June 25, 2015.
MyBank is an online virtual bank launched by Ant Financial under Alibaba. You can download an independent APP and log in with Alipay. You can save money to earn interest, buy funds and other financial products, and also provide loan services.
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