The asset scale of the Yu'ebao fund reached 578.9 billion yuan by the end of 2014.
According to data from Wind Info., the management scale of Tianhong, the operator of the fund stood at 589.8 billion yuan at the end of 2014, of which Yu'ebao contributed 98 percent of the total.
Boosted by Singles Day sales peak, the frequency of payment of Yu'ebao reached 677 million with total transaction volume at 370 billion yuan in the fourth quarter of last year.
(Edited by Yang Yifan, email@example.com)
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