Delhivery CEO says Shein’s India return could lift ecommerce demand
Delhivery’s CEO said Shein’s re-entry into India is a positive signal for the ecommerce market, potentially supporting online retail demand and logistics volumes.
Delhivery CEO said Shein’s re-entry into India is positive for the country’s ecommerce market, signaling potential growth in online retail demand and logistics activity.
Why this matters
The Shein comment shifts Delhivery’s recent signal set from resurfaced May 2022 IPO-demand updates—4% overall subscription in two hours and 23% retail participation—to ecommerce demand and logistics volumes.
The retail-company theme is accelerating, up 224550% QoQ.