A possible multibillion-euro share sale is taking shape at Vinted, the second-hand fashion platform that has become one of Europe’s biggest digital retail success stories.
According to the Financial Times, the company is weighing a secondary transaction that would allow early backers and long-serving employees to realise some gains, rather than raising fresh funding, and could value the business at around €8 billion.
Founded in Lithuania in 2008, Vinted has ridden a wave of demand for circular fashion and now has more than 100 million registered users across 22 countries.
Revenues rose to €813 million in 2024, up 36% year-on-year, while net profit quadrupled to €76.7 million.
Its technology-heavy model, which includes in-house payments, shipping and recommendation tools, has helped it outpace rivals such as Depop and Poshmark in Europe.
A secondary sale of this scale hints at two trends: maturity and ambition.
Vinted appears confident enough in its cash generation to avoid fundraising, yet it is also preparing stakeholders for bigger moves.
An eventual IPO looks inevitable (the company itself admits it is “IPO-ready”), but for now, the priority is measured expansion without shareholder dilution.