European second-hand fashion marketplace Vinted has reached a new milestone, securing an €8 billion valuation following a substantial secondary share sale worth €880 million, the company
announced on Monday.
The transaction was led by investment firms EQT, Schroders Capital, and Teachers’ Venture Growth, signaling continued confidence in the fast-growing resale economy. The deal allows existing shareholders to sell stakes, rather than raising new capital for the company.
The valuation aligns with earlier reports that Vinted had been exploring a sale at this level, as investor appetite for recommerce platforms continues to grow.
The Lithuania-founded company has seen strong financial momentum. In 2025, Vinted generated €1.1 billion in revenue, marking a 38% increase year-on-year. Growth has been fueled not only by its core second-hand clothing marketplace but also by expansion into new categories such as electronics and homeware.
Vinted’s rise reflects broader shifts in consumer behavior across Europe. Since 2021, persistent inflation has driven shoppers toward more affordable alternatives, boosting demand for second-hand goods. At the same time, more users are turning to platforms like Vinted to sell unused items, creating a self-reinforcing marketplace.
Founded in 2008 in Vilnius, Vinted began as a small online community where users could swap clothes. Over time, it evolved into one of Europe’s leading resale platforms, benefiting from increasing awareness around sustainability and circular fashion. In 2019, the company became Lithuania’s first “unicorn,” reaching a valuation of €1 billion—a symbolic moment for the country’s startup ecosystem.
Since then, Vinted has expanded across multiple European markets, investing heavily in logistics, payments, and user experience to simplify peer-to-peer selling. Its continued growth highlights the strength of the resale sector, which is increasingly challenging traditional retail models.
With fresh investor backing and a growing user base, Vinted now appears well-positioned to further scale its platform and deepen its presence in the global second-hand market. Photo by Sebleouf, Wikimedia commons.
