Delhivery CEO sees Shein’s India return as a lift for ecommerce
Delhivery’s CEO said Shein’s re-entry could benefit India’s ecommerce market, pointing to potential demand growth for online fashion and logistics services.
Delhivery’s CEO said Shein’s re-entry would benefit India’s ecommerce market, signalling potential upside for online retail demand and associated logistics activity.
Why this matters
The comment revives Delhivery’s May 2023 view that Shein’s India return could lift ecommerce, following recent signals on the same potential benefit for online retail and logistics.
Retail-brand signals are accelerating, up 98,700% QoQ.