Delhivery CEO's May 2023 comments resurface: Shein return could lift India's e-commerce market
Resurfacing remarks from May 2023, Delhivery's CEO said Shein's potential re-entry into India would be positive for the country's e-commerce market, pointing to stronger online fashion demand and potential logistics opportunities.
Delhivery CEO says Shein’s potential re-entry into India would be positive for the Indian ecommerce market, signalling optimism around increased online fashion demand and related logistics opportunities.
Why this matters
The resurfaced May 2023 commentary follows related signals on Delhivery's May 2022 IPO opening, which reached 4% overall subscription in two hours and 23% in the retail tranche.
Retail-company signals are accelerating, up 226617% QoQ.