Delhivery CEO sees Shein’s India return as a positive signal for ecommerce
Delhivery’s chief executive said Shein’s re-entry bodes well for India’s ecommerce market, pointing to renewed competitive momentum in online fashion retail.
Delhivery’s CEO said Shein’s re-entry is positive for India’s ecommerce market, signalling potential benefits for the sector’s competitive and consumer landscape.
Why this matters
The view extends Delhivery’s May 2023 signal that Shein’s India re-entry could lift online fashion demand and its prior assessment that the return could support the ecommerce ecosystem.
Retail-company signals are accelerating, up 227200% QoQ.