Resurfacing a May 2023 remark: Delhivery CEO said Shein's India re-entry could strengthen the ecommerce market
In a comment resurfacing from May 2023, Delhivery's CEO said Shein's return to India would be positive for the country's ecommerce sector, pointing to stronger competition and broader online retail growth.
Delhivery’s CEO said Shein’s potential re-entry would benefit India’s ecommerce market, signalling a positive outlook for competition and online retail growth.
Why this matters
The resurfaced May 2023 view aligns with recent signals that Delhivery's CEO said Shein's India return could lift or benefit e-commerce.
Retail-company signals are accelerating, up 202057% quarter over quarter.