Delhivery CEO sees Shein’s India return as a positive e-commerce signal
Delhivery’s CEO said Shein’s re-entry into India bodes well for the country’s e-commerce market, pointing to potential upside for online retail demand, marketplace competition and logistics activity.
Delhivery CEO says Shein’s re-entry into India is positive for the Indian e-commerce market, signalling potential benefits for online retail demand, marketplace competition and logistics activity.
Why this matters
The signal revisits Delhivery CEO’s May 2023 remarks, echoing recent coverage that said Shein’s return could lift India’s e-commerce market and strengthen the sector.
Retail-company signals are accelerating, up 203986% QoQ.
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