Home / Business and Economy / Vinted Soars to €8bn Valuation on Profitability Surge
Vinted Soars to €8bn Valuation on Profitability Surge
27 Apr
Summary
- Vinted's valuation reached €8bn after a successful share sale.
- The marketplace achieved profitability and significant growth in 2025.
- Gross merchandise value increased by 47% to €10.8bn last year.
Online marketplace Vinted has reached an €8bn valuation following a substantial share sale. This latest transaction saw investors acquire approximately €880mn of shares, with existing shareholder EQT leading the deal alongside new backers Teachers' Venture Growth and Schroders Capital. The valuation reflects Vinted's considerable progress and its entry into profitability.
The Lithuania-based company reported a robust financial performance for 2025, with gross merchandise value soaring 47% to €10.8bn. Vinted also generated €1.1bn in revenue and a net profit of €62mn last year. This success has drawn in other new investors, including BlackRock and Lombard Odier.
Originally founded in 2008 to facilitate local clothing swaps, Vinted has expanded its offerings to include books, toys, and video games. The company has also strategically built its own integrated shipping and payments infrastructure. While widely adopted across Europe, Vinted continues its efforts to penetrate the US market, having recently enabled trading between buyers and sellers in London and New York.
