Delhivery CEO's May 2023 comments resurface, viewing Shein's potential India return as an ecommerce growth signal
Delhivery's CEO said in May 2023 that a potential Shein re-entry would be positive for India's ecommerce market, pointing to stronger competition in online fashion and potential demand for logistics services.
Delhivery CEO said Shein’s potential re-entry into India would be positive for the Indian ecommerce market, signalling increased competition and demand for logistics and online-fashion services.
Why this matters
The resurfaced comments echo recent Delhivery signals that Shein’s India return could lift the ecommerce ecosystem and be positive for online commerce.
Retail-brand signals are accelerating, up 97050% QoQ.