Alipay, Yu'ebao, Zhaocaibao and Tmallbao are all owned by Alibaba. Yu'ebao, Zhaocaibao and Tmallbao are financial products, and their yields are currently very stable, among which Zhaocaibao has the highest annualized yield.

Note:

Alipay (China) Network Technology Co., Ltd. is a leading independent third-party payment platform in China, founded by Alibaba Group. Alipay is committed to providing "simple, safe and fast" online payment solutions for China's e-commerce. Alipay is not a financial product.

Yu'ebao is a service launched by Alipay for individual users to pay funds through balances. Transferring funds to Yu'ebao is equivalent to purchasing corresponding financial products from fund companies and other institutions. Yu'ebao initially supports Tianhong Fund's "Yu'ebao" money fund. Money funds are mainly used to invest in securities with high security and stable returns such as treasury bonds and bank deposits. In 2012, the average annualized yield of domestic money funds on the 7th was about 3.8%. In general, as a kind of fund product, money market funds may suffer losses in theory, but historical data shows that the returns are stable and the risks are minimal. Yu'ebao is a financial product with an annualized rate of return of 3.17%.

Tmall Bao is a shopping magic tool launched by Alibaba that can spend and earn money. By transferring the shopping funds you intend to spend to Tmall Bao, you can obtain benefits such as lightning payment, large red envelopes, and Tmall subsidies. The funds transferred to Tmall Bao will not expire and can be transferred out if there is an emergency. Tmall Bao is a consumer financial product. The money transferred to Tmall Bao can only be spent on the Alipay website, and the transferred money can enjoy returns.

Zhaocaibao platform is an independently operated financial information service platform under Shanghai Zhaocaibao Financial Information Service Co., Ltd. Various financial institutions such as banks, insurance companies, fund companies, etc. can release fixed-term, stable-return, low-risk financial products established and managed by them in accordance with the law through the Zhaocaibao platform, and users can obtain simple, fast, safe and reliable regular financial management services from Zhaocaibao. At present, the products on the platform mainly include three categories: small and medium-sized enterprise loans, fund products, and insurance products. Zhaocaibao is similar to a P2P financial product.