US EditionVinted hits €8bn valuation in oversubscribed €880m share sale
The oversubscribed deal gives employees and long-term investors liquidity while Vinted reports 47% GMV growth and €1.1 billion in 2025 revenue.
8 Articles
8 Articles
Vinted Group, an international peer-to-peer platform for second-hand goods, announced on Monday that it had completed a secondary share transaction worth 880 million euros, increasing the company's equity value to 8 billion euros.
Vinted reaches €8B valuation in €880 million secondary share sale
Schroders Capital and Teachers’ Venture Growth join as new investors. The transaction gives early investors and long-serving employees a route to liquidity. Vinted says it is ‘IPO-ready’ but has set no timetable. FY2024 revenue grew 36% to €813 million; net profit quadrupled. Vinted, the Lithuanian second-hand marketplace that has become one of Europe’s largest consumer-to-consumer […] This story continues at The Next Web
The Lithuanian second-hand platform has sold 880 million euros of existing shares. EQT has strengthened, while Teachers' Venture Growth and Schroders Capital are entering capital.
Vinted connects marketplaces in Germany and Austria
Users of Vinted in Germany and Austria can now trade directly with each other. Austrian Post has joined as a new logistics partner of the platform. The second-hand fashion marketplace is valued at 8 billion euros, according to a share sale announced today.
Vinted hits €8bn valuation after share sale
Drapers Vinted hits €8bn valuation after share sale Vinted has completed a secondary share transaction of €880m (£761.9m), valuing the second-hand fashion online marketplace at €8bn (£6.9bn).The post Vinted hits €8bn valuation after share sale appeared first on Drapers.
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
