Delhivery CEO says Shein’s India return could lift the ecommerce ecosystem
Delhivery’s CEO said Shein’s re-entry into India is a positive signal for the country’s ecommerce market, pointing to potential spillover benefits for the wider online retail and logistics ecosystem.
Delhivery CEO said Shein’s re-entry is positive for India’s ecommerce market, signalling potential benefits for the broader online retail ecosystem.
Why this matters
The signal follows resurfaced May 2023 comments from Delhivery’s CEO framing Shein’s potential India return as an ecommerce growth signal, alongside recent coverage calling the return positive for ecommerce.
The retail-company theme is accelerating, up +201400% QoQ.