Tianhong Asset Management announced on November 14 2013 that Yu’E Bao fund users surpassed 30 million, fund size reached 100 billion yuan (USD 16.32 billion). It was the first Chinese money fund over 100 billion yuan, ranking 51 in the world.
By November 13 2013, Yu’E Bao total revenue reached 788 million yuan (USD 128.62 million). On November 14 2013, Yu’E Bao single day revenue reached 13 million yuan (USD 2.12 million).
3 million users checked their Yu’E Bao accounts every day, and the money transferred to Yu’E Bao via mobile was almost equal to PC.
On November 11 2013, or known as Double 11, Yu’E Bao money fund redemption amount was 6.1 billion yuan (USD 995.65 million), prevented the large scale redemption risk.