An event launches Tmall’s ‘Singles’ Day’ event in Wuhan, in China’s Hubei province, on November 1. TmallHome will release most coupons and discounted homes on Wednesday. Photo: Getty Images An event launches Tmall’s ‘Singles’ Day’ event in Wuhan, in China’s Hubei province, on November 1. TmallHome will release most coupons and discounted homes on Wednesday. Photo: Getty Images
An event launches Tmall’s ‘Singles’ Day’ event in Wuhan, in China’s Hubei province, on November 1. TmallHome will release most coupons and discounted homes on Wednesday. Photo: Getty Images

Chinese e-commerce giants come to rescue of ailing property sector, step up sales of discounted homes on Singles’ Day

  • Tmall says 800,000 homes will be available for sale at discounts of up to 1 million yuan
  • JD.com and Tencent’s Beike Zhaofang report surge in sales

Topic |   Singles' Day (11.11)
An event launches Tmall’s ‘Singles’ Day’ event in Wuhan, in China’s Hubei province, on November 1. TmallHome will release most coupons and discounted homes on Wednesday. Photo: Getty Images An event launches Tmall’s ‘Singles’ Day’ event in Wuhan, in China’s Hubei province, on November 1. TmallHome will release most coupons and discounted homes on Wednesday. Photo: Getty Images
An event launches Tmall’s ‘Singles’ Day’ event in Wuhan, in China’s Hubei province, on November 1. TmallHome will release most coupons and discounted homes on Wednesday. Photo: Getty Images
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