Online second-hand marketplace Vinted has reached an €8bn valuation following a secondary share sale led by existing investor EQT, according to a report by the Financial Times. The transaction involved approximately €880m worth of existing shares being sold by early investors and employees, providing partial liquidity while also broadening the company’s shareholder base ahead of a potential future IPO.
New investors in the deal include Teachers’ Venture Growth Schroders Capital, BlackRock, Lombard Odier, and Pinegrove Opportunity Partners. No new primary capital was raised as part of the transaction.
Management said the valuation reflects the company’s continued growth and progress towards profitability, as well as its evolution into a more mature, scaled marketplace. Vinted CFO Maurizio D’Arrigo noted that the business already operates with structures similar to a public company, though no timeline has been set for a listing.
The Lithuania-founded platform has expanded significantly beyond its original peer-to-peer clothing resale model, adding categories such as books, toys, and video games, while also developing integrated shipping and payments capabilities.
The company reported strong operating momentum, with gross merchandise value rising 47% in 2025 to €10.8bn. Revenue reached €1.1bn last year, alongside €62m in net profit.
Vinted has also been building out its financial services infrastructure, recently securing an electronic money institution licence in the UK to support local payment services.
While the platform has established a strong presence in Europe, expansion in the US remains at an early stage, with limited cross-border trading currently being tested. Management described this as an exploratory phase rather than a full-scale market rollout.
