Delhivery CEO says Shein’s re-entry could benefit India’s ecommerce market
Delhivery’s CEO has reportedly framed Shein’s return to India as a positive signal for the country’s ecommerce ecosystem, pointing to potential demand and logistics upside. The underlying Inc42 report was inaccessible at the time of review.
Delhivery’s CEO said Shein’s re-entry bodes well for India’s ecommerce market. The underlying Inc42 article was unavailable due to a 403 Cloudflare verification page.
Why this matters
The comments add a demand-and-logistics angle to recent Delhivery signals tracking its IPO, including 4% overall subscription in the first two hours and 23% retail-tranche subscription.
Retail-company signals are accelerating, up +204586% QoQ.