Delhivery CEO Brushes Off Amazon Logistics Threat as Q4 Profit Hits Rs 73.4 Cr
Sahil Barua argues captive networks like Amazon's prioritise in-house shipments and run costlier than third-party players, dismissing the e-commerce giant's pitch to external sellers. Delhivery backs the stance with a Q4 profit of Rs 73.4 crore and 30% revenue growth.
Delhivery CEO Sahil Barua dismissed Amazon's move to open its captive logistics to external sellers, arguing first-party networks prioritise in-house shipments and cost more. Delhivery posted Q4 profit of Rs 73.4 crore with 30% revenue growth.