Delhivery CEO sees Shein’s India return as a positive signal for e-commerce
Delhivery’s CEO said Shein’s re-entry into India bodes well for the country’s e-commerce market, pointing to potential gains for the broader online retail ecosystem.
Delhivery CEO said Shein’s re-entry into India is positive for the country’s ecommerce market, signalling potential benefits for the broader online retail ecosystem.
Why this matters
The comment follows resurfaced May 2022 signals on Delhivery’s IPO, which drew 4% overall subscription in its first two hours and 23% from retail investors.
retail-company is accelerating, up 201543% QoQ.