Hu Gangyi smiled; he wasn't nervous at all.
Yu'ebao is launching tomorrow, and he has a lot to do next, so he immediately said goodbye to Zhao Ye.
The following morning at around 11:30, Alipay held a product launch conference, where Zhao Ye personally introduced Yu'ebao to the public.
Zhao Ye is a living advertisement.
His appearance immediately caused a huge sensation at the press conference.
Subsequently, the news of #ZhaoYeAttendingAlipayPressConference# quickly rose to the top of Weibo's trending topics list, shocking the entire internet.
"Zhao Ye personally attended the press conference. Is he about to do something big again?!"
"Absolutely! Zhao Ye's personal involvement definitely means this press conference is extraordinary!"
"..."
As the news spread, more and more people began watching the live video broadcast of Alipay's press conference.
Zhao Ye smiled slightly and gave everyone a detailed introduction to Yu'ebao.
"As the saying goes, 'If you don't manage your money, your money won't manage you,' but most ordinary Chinese people don't know how to manage their money, mainly because the threshold for financial management is relatively high!"
"But today, Alipay has lowered the threshold for wealth management to the lowest possible level!"
"Next, I would like to introduce to you Alipay's flagship product - Yu'ebao!"
"Yu'ebao is a product that provides balance value-added services and current account fund management services. Simply put, depositing money into Yu'ebao is equivalent to purchasing an investment product. However, Yu'ebao generally does not lose money because it is a money market fund, characterized by low risk, stable returns, and usually higher profits than banks. Of course, the most crucial point is that Yu'ebao allows purchases starting from just 1 yuan, is easy to operate, has a low threshold, zero handling fees, and allows for instant withdrawal!"
"In addition, the funds in Yu'ebao can also be used for shopping, transfers, bill payments and other consumer payments, which is very convenient and fast."
After Zhao Ye finished speaking, the entire press conference room erupted in uproar.
Alipay is trying to get consumers to deposit their money into Yu'ebao (Alipay's money market fund), which is challenging the banks and taking away their profits.
The crowd couldn't help but start discussing it.
However, ordinary people watching the live broadcast were overjoyed.
"Yu'ebao allows you to buy with just one yuan, with zero minimum investment, and the returns are far higher than bank deposit interest rates, so it's a sure thing! Plus, Yu'ebao funds can be used for shopping, transfers, bill payments, and other consumer payments, so what am I afraid of?"
"Alipay is amazing! It seems to offer better services than banks in every aspect. The interest rates are higher, transfers are faster, and there are no fees—it's simply incredible! Unlike banks, which are not only slow to transfer money, but they also charge fees for transfers between banks. If banks don't change their old ways, they'll definitely lose a lot of users! Anyway, I've already decided to put some of my funds in Yu'ebao!"
"Same here. I also think banks' services are terrible, and everything costs money. The emergence of Yu'ebao is a real slap in the face. However, I strongly support Yu'ebao and Alipay; I'll probably deposit 100,000 yuan to play around with!"
"Damn, these people are rich! They just throw around 100,000 yuan without any fear of loss. Yu'ebao sounds pretty good, but I'm still worried about what if I lose money? Putting money online feels a bit unreliable. What if I can't withdraw the money? Then I'll have worked for nothing for years..."
"Hehe, I don't think there's any need to worry about the safety of money deposited in Yu'ebao. It's a product launched by a company under Zhao Ye's name, so it's absolutely guaranteed! Forgive my bluntness, but Zhao Ye is helping everyone manage their finances and make money. Those who don't believe it will definitely regret it!"
"That's right, what's there to be afraid of? If we lose money, we'll ask Zhao Ye for it! He's so rich, surely he can come up with the money!"
...
At noon, Yu'ebao was officially launched.
When a user opens the Alipay app, it will automatically update to the latest version.
Millions of people across the country began depositing money into Yu'ebao.
It can range from as little as one yuan, five yuan, or ten yuan... to as much as hundreds of thousands or even millions.
A person's name, a tree's shadow.
Everyone trusts Zhao Ye that much.
Zhao Ye's reputation is truly outstanding.
An hour later, Yu'ebao's funds reached 15.6 billion RMB. When Alipay released the data, the financial world was stunned!
At the same time, it stirred up a level 10 storm in the internet industry.
Alipay raked in tens of billions of RMB in just one hour with Yu'ebao alone—that's terrifying!
How high can the funds in Yu'ebao reach in a year?
Alipay is going to make a killing!!!
I can't resist! I absolutely can't resist! This incredible wealth is something we internet companies also want!
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