Delhivery CEO sees Shein’s India re-entry as a positive signal for ecommerce
Delhivery’s CEO said Shein’s return to India bodes well for the country’s ecommerce market, pointing to potential upside for the wider online retail and logistics ecosystem.
Delhivery CEO said Shein’s re-entry into India is positive for the country’s ecommerce market, signalling potential benefits for the broader online retail ecosystem.
Why this matters
The signal echoes resurfaced May 2023 remarks from Delhivery’s CEO that Shein’s India return could lift ecommerce, while reinforcing recent signals framing the re-entry as positive for online retail.
Retail-company signals are accelerating, up 204343% quarter over quarter.