Stronger by Paying Salaries and I Have 1 Billion Employees

Zhang Tao and Wang Xin had no choice. It was either shorten their payment cycles and improve withdrawal flexibility or watch their merchants leave. In the end, they gritted their teeth and launched similar features as well.

At the same time, Orange Pay once again disclosed the scale of Yu’e Bao’s funds, instantly sending a massive shockwave through the industry.

”Fifty-four days after its launch, Yu’e Bao has surpassed 100 billion in assets under management, with nearly 30 million users!”

This was the first domestic money market fund to reach the hundred-billion-yuan level!