Delhivery CEO says Shein’s India re-entry could lift ecommerce activity
Delhivery’s chief executive said Shein’s return to India is a positive signal for the country’s ecommerce market, with potential upside for online retail demand, marketplaces and logistics activity.
Delhivery’s chief executive said Shein’s re-entry into India is positive for the country’s ecommerce market, signalling potential gains for online retail demand, logistics and marketplace activity.
Why this matters
Delhivery’s earlier signals centered on its May 2022 IPO, including 4% subscription in the first two hours and a 23% retail tranche. The Shein comment shifts focus to demand and logistics implications for India’s ecommerce market.
Retail-company signals are accelerating, up +200000% QoQ.