Delhivery CEO Says Shein’s India Return Could Lift Ecommerce Market
Delhivery’s CEO said Shein’s re-entry into India would be positive for the domestic ecommerce market, pointing to potential gains from greater online retail competition and logistics demand.
Delhivery CEO said Shein’s re-entry into India would benefit the country’s ecommerce market, signalling a positive outlook for online retail competition and logistics demand.
Why this matters
Delhivery’s recent signal history includes resurfaced reports on its May 2022 IPO, which reached 4% subscription in two hours and a 23% retail tranche.
Retail-company signals are accelerating, up 206743% quarter over quarter.
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