Vinted generated a turnover of EUR 1.1 billion and a net profit of EUR 62 million last year(the difference between transacted and turnover is explained by the fact that Vinted is a marketplace, which receives commissions from third parties)..
Founded in 2008 as a platform for exchanging clothes between individuals, Vinted has expanded into new categories such as books, toys and video games, while focusing on developing its own shipping and payment services..
Vinted, widely used in Europe, is still trying to establish itself in the US market.
According to the Financial Times, Vinted is worth €8 billion on the stock exchange today. On this topic you can read this in-depth article.
