Vinted has hit an €8bn valuation after completing an oversubscribed €880m secondary share sale, cementing its status as one of Europe’s hottest resale businesses.
The Lithuania-founded second-hand marketplace said the transaction was led by existing investor EQT, alongside Schroders Capital and Teachers’ Venture Growth, the late-stage venture investment arm of Ontario Teachers’ Pension Plan.
The deal did not involve Vinted raising any new capital. Instead, it allowed employees and long-standing institutional investors to sell part of their holdings, while bringing in a fresh group of major global backers.
New investors in the transaction included funds and accounts managed by BlackRock, Lombard Odier Investment Managers and Pinegrove Opportunity Partners, while existing shareholders including Baillie Gifford increased their positions.
EQT also lifted its stake in the business, with the transaction valuing Vinted at €8bn, up from the €5bn valuation it secured during a secondary sale in 2024.
The company said the deal reflected its progress in building a profitable, scaled marketplace at a time when the second-hand sector continues to outpace wider ecommerce growth.
Vinted reported gross merchandise value of €10.8bn in 2025, up 47 per cent year on year. Revenue reached €1.1bn, while net profit came in at €62m. It now operates across 26 markets.
While best known for its peer-to-peer fashion resale marketplace, Vinted has been steadily expanding beyond its original model, building out its own shipping infrastructure, payments arm and adjacent categories including books, toys, video games and electronics.
Vinted chief executive Thomas Plantenga said: “This transaction and valuation reflect the progress we’ve made building Vinted into what it is today – a proven marketplace embedded in an ecosystem of vertically integrated shipping and payments infrastructure, designed to make second-hand reliable, easy and affordable at scale.
“This transaction recognises the value we have created and gives employees the opportunity to share in it. It also gives liquidity to long-standing investors, continuing an approach we have taken in every funding round since 2015.”
Plantenga said online second-hand was “growing faster than general ecommerce”, adding that Vinted had built the foundations across Vinted Marketplace, Vinted Go and Vinted Pay to capture further growth.
“Our opportunity remains large: shifting global consumption toward second-hand while building a world-leading business,” he said.
The deal comes amid a booming secondary market, as late-stage private companies delay IPOs while investors and employees look for ways to secure liquidity.
Vinted has become one of the most sought-after European names in that market, with investors increasingly attracted to its combination of scale, profitability and exposure to the fast-growing resale economy.
EQT partner Carolina Brochado said: “Vinted has built a category-leading technology business in Europe, combining strong growth with disciplined execution.
“We continue to be impressed by the team and are doubling down on our high conviction in their strategy and long-term potential.”
Teachers’ Venture Growth head of EMEA Avid Larizadeh-Duggan said Vinted’s marketplace was “distinguished by its scale, profitability, and disciplined operating model”.
Schroders Capital head of global venture investments Steven Yang added that Vinted was “at the heart of a structural shift in how people consume”.
Vinted has also been strengthening its financial services infrastructure, recently securing an electronic money institution licence in the UK to support local payment services.
The business has established a major presence across Europe, while its US expansion remains at an earlier stage, with limited cross-border trading currently being tested.
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