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Property

China's biggest developer finds salvation with online sales

With help of discounts, Evergrande Group app handles 82% of purchases

Analysts say discounting was most likely a bigger driver of China Evergrande's online sales than convenience.    © Reuters

HONG KONG -- Lockdowns and layoffs do not make for a promising environment for selling homes. But by taking its offerings online, China Evergrande Group, the country's largest developer, managed to increase sales through the first half of 2020.

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