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 country’s ecommerce market, pointing to potential upside for the wider online retail and logistics ecosystem.
Delhivery’s CEO said Shein’s re-entry into India is positive for the Indian ecommerce market, signalling potential benefits for the broader online retail ecosystem.
Why this matters
The signal echoes recent coverage resurfacing Delhivery CEO’s May 2023 remarks that Shein’s India re-entry could lift ecommerce demand, including a separate May 2023 take that framed the return as a positive ecommerce signal.
Retail-company is accelerating, up 225,983% QoQ.