Delhivery CEO's May 2023 remarks resurface on Shein's potential India return as e-commerce tailwind
In comments from May 2023 resurfacing now, Delhivery's CEO said a potential return by fashion marketplace Shein would bode well for India's e-commerce sector, pointing to increased online fashion activity and logistics demand.
Delhivery CEO said Shein’s potential re-entry would benefit India’s ecommerce market, signalling a positive view of increased fashion marketplace activity and demand for logistics services.
Why this matters
The resurfaced May 2023 comment follows other revived Delhivery signals, including its May 2022 IPO's 4% subscription in the first two hours and 23% retail subscription.
Retail-company signals are accelerating, up 227750% QoQ.