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Vinted's equity valuation hits 8 billion euros after 880 million euro secondary share deal

Lithuanian second-hand marketplace Vinted has completed a secondary share transaction of 880 million euros (1.030 million dollars). This latest move establishes an equity valuation of 8 billion euros for the consumer-to-consumer (C2C) platform. The transaction was led by Swedish investment firm EQT, British asset manager Schroders Capital, and...

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Retail

Resale surge and value retail strategies redefine fashion spending

Rising living costs across Europe are accelerating a structural shift towards resale, with Vinted emerging as a key beneficiary. The platform reported gross merchandise value of 10.8 billion euros, up 47 percent year on year, while revenues climbed 38 percent to 1.1 billion euros. Founded in 2008 in Lithuania, the company has scaled rapidly...

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