Delhivery CEO's May 2023 remarks resurface: Shein's India return could lift e-commerce
Resurfacing comments from May 2023, Delhivery's CEO said a potential Shein re-entry would be positive for India's e-commerce market, pointing to stronger competition, wider consumer choice and incremental logistics demand.
Delhivery CEO said Shein’s potential re-entry would bode well for India’s ecommerce market, signalling a positive outlook for competition, consumer choice and logistics demand.
Why this matters
The resurfaced May 2023 Shein commentary follows resurfaced May 2022 updates on Delhivery’s IPO opening, including 4% subscription and 23% retail participation.
retail-company is accelerating, up +227067% QoQ.