So I infer that Alibaba's money should be placed in at least ten banks. Unless you can see Alibaba's audit report, we can't tell which banks are invisible from the public information. However, it can be inferred that Alibaba's funds will be invested in at least two banks, one is online banking and the other is China Construction Bank. Needless to say, this is Alibaba Bank. If you don't put the money in, you will be a little uneasy. As for China Construction Bank, it is a strategic cooperative bank of Alibaba. 2065438+March 2007, China Construction Bank signed a strategic cooperation agreement with Alibaba and Zhejiang Ant Financial, so most of Alibaba's funds, including Ant Financial, have to go through China Construction Bank.
Let's see where Alibaba users put their money. Users' money can be divided into individual users and enterprise users. Regardless of individual users or corporate users, deposits must be deposited into Alibaba's exclusive account in China People's Bank, including some payments made by Taobao and Alipay. But at present, most of the money actually collected by merchants should be placed in e-commerce banks.
For some of our personal wealth management products, such as Alipay's Yu 'ebao, regular wealth management, this money has nothing to do with Alibaba, just a sales channel. Our financial funds will be deposited in the corresponding funds in the bank's exclusive supervision account. For example, the money from Rainbow Yu 'ebao is deposited in the supervision account of CITIC Bank, and the cash income from Boss Currency A is deposited in the exclusive supervision account of Bank of Communications. Other monetary funds also have corresponding bank supervision accounts for users' money.