Taobao is a financial information service platform established by Wenzhou Dai Tao E-commerce Co., Ltd. It is an innovative financial management model, which gathers small loans and lends them to people who need funds. For example, entrepreneurs who lack funds can use the platform to issue cooperative projects, and multiple investors can jointly borrow and invest. The operation team of "Taobao Bao" includes accounting firms, law firms and professionals. Before the cooperation is reached, the borrower's equity, real estate, antique calligraphy and painting and other pledges will be evaluated and reviewed to prevent risks.
50 yuan, the lowest bid of Taobao, broke the investment threshold of tens of thousands, hundreds of thousands or even millions of yuan.