[8][9] However, in 2014 there was a dispute between Ant Financial and Inner Mongolia Junzheng Energy & Chemical Group on the treatment of Tianhong's retained profits per the deal agreement.

[9] In June 2013, Alipay launched a financial product platform called Yu'e Bao (余额宝).

[3] Due to the popularity of the fund, Tianhong became the largest asset management company in China.

[12] In 2019, it was reported it was the world's largest money market fund, with over 588 million users, or more than a third of China's population, contributing cash to it.

[3][4] However, by 2020, it was no longer the world's largest money market fund due to tighter regulation and growing competition.