Delhivery CEO sees Shein’s India return as a positive signal for ecommerce
Delhivery’s CEO said Shein’s re-entry into India bodes well for the ecommerce market, pointing to potential upside for online retail demand, marketplace activity and logistics volumes.
Delhivery CEO said Shein’s re-entry into India is positive for the country’s ecommerce market, signalling potential benefits for online retail demand, marketplace activity and logistics volumes.
Why this matters
The signal aligns with two related reports resurfacing Delhivery CEO remarks from May 2023 that Shein’s India re-entry could lift ecommerce demand and logistics activity.
Retail-brand signals are accelerating, up 94,775% QoQ.