Vinted posts first profit as CEO points to ‘huge potential’
Retail Gazette
APRIL 29, 2024
Vinted, the online marketplace for secondhand fashion, has made a profit for the first time following a “strong” year of growth. The Lithuanian business made a net profit of €18m last year versus a loss of €20m in 2022. Founded in 2008, Vinted was last valued at €3.5bn in May 2021.
Let's personalize your content