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Wikipedia

Vinted

Vinted, UAB Group, commonly known as Vinted is a Lithuanian online marketplace for buying, selling and exchanging new or secondhand items, mainly clothing and accessories.[2]

Vinted
Company typePrivate
IndustryRecommerce
Founded2008; 16 years ago (2008)
Headquarters
Vilnius
,
Lithuania
Area served
Key people
Thomas Plantenga (CEO)
ProductsUsed clothing and various products
Revenue€371.4 million (2022)[1]
Number of employees
1242 (2022)
Websitewww.vinted.com

History edit

In 2008, Milda Mitkute and Justas Janauskas co-founded Vinted in Vilnius, Lithuania. In 2012, Vinted partnered with Lemon Labs, a Lithuanian-based app development consultancy to launch their mobile app.[3]

In 2016, Vinted's management team was joined by Dutch businessman Thomas Plantenga as a strategy consultant, and he has since become CEO.[4]

In 2019, Vinted became Lithuania's first tech unicorn by raising €128 million at €1 billion valuation in a round led by Lightspeed Venture Partners[5]

In October 2020 Vinted acquired United Wardrobe, a Dutch competitor.[6]

In 2024 Vinted acquired Trendsales, a Danish competitor.[7]

As of March 2024, Vinted is available in twenty-one countries and has more than 65 million registered users.[8]

See also edit

References edit

  1. ^ "Vinted increased its revenue, optimised operations and continued active expansion last year", www.vinted.com
  2. ^ "The story behind Lithuanian secondhand marketplace Vinted". Tech.eu. 15 January 2015. Retrieved 19 July 2017.
  3. ^ "Vinted Case Study". Lemon Labs. Retrieved 19 July 2017.
  4. ^ Knowles, Kitty. "Step Into Vinted: The World's Largest Pre-Loved Fashion Marketplace". Forbes. Retrieved 31 December 2020.
  5. ^ "Lithuania crowns its first tech unicorn! Vinted, second-hand fashion marketplace, pockets €128 million and secures €1 billion valuation". 29 November 2019.
  6. ^ "Second-hand fashion consolidation: Lithuanian unicorn Vinted acquires Dutch competitor United Wardrobe". Silicon Canals. Retrieved 9 November 2020.
  7. ^ "Vinted acquires Danish second-hand marketplace Trendsales". company.vinted.com. 5 March 2024.
  8. ^ "About Vinted". Vinted. Retrieved 30 November 2022.

vinted, group, commonly, known, lithuanian, online, marketplace, buying, selling, exchanging, secondhand, items, mainly, clothing, accessories, company, typeprivateindustryrecommercefounded2008, years, 2008, headquartersvilnius, lithuaniaarea, servedunited, st. Vinted UAB Group commonly known as Vinted is a Lithuanian online marketplace for buying selling and exchanging new or secondhand items mainly clothing and accessories 2 VintedCompany typePrivateIndustryRecommerceFounded2008 16 years ago 2008 HeadquartersVilnius LithuaniaArea servedUnited StatesCanada formerly United KingdomGermanyAustriaFranceLithuaniaPolandCzech RepublicSlovakiaNetherlandsBelgiumLuxembourgSpainItalyPortugalHungaryRomaniaDenmarkSwedenFinlandCroatiaKey peopleThomas Plantenga CEO ProductsUsed clothing and various productsRevenue 371 4 million 2022 1 Number of employees1242 2022 Websitewww wbr vinted wbr comHistory editIn 2008 Milda Mitkute and Justas Janauskas co founded Vinted in Vilnius Lithuania In 2012 Vinted partnered with Lemon Labs a Lithuanian based app development consultancy to launch their mobile app 3 In 2016 Vinted s management team was joined by Dutch businessman Thomas Plantenga as a strategy consultant and he has since become CEO 4 In 2019 Vinted became Lithuania s first tech unicorn by raising 128 million at 1 billion valuation in a round led by Lightspeed Venture Partners 5 In October 2020 Vinted acquired United Wardrobe a Dutch competitor 6 In 2024 Vinted acquired Trendsales a Danish competitor 7 As of March 2024 Vinted is available in twenty one countries and has more than 65 million registered users 8 See also editDepop PoshmarkReferences edit Vinted increased its revenue optimised operations and continued active expansion last year www vinted com The story behind Lithuanian secondhand marketplace Vinted Tech eu 15 January 2015 Retrieved 19 July 2017 Vinted Case Study Lemon Labs Retrieved 19 July 2017 Knowles Kitty Step Into Vinted The World s Largest Pre Loved Fashion Marketplace Forbes Retrieved 31 December 2020 Lithuania crowns its first tech unicorn Vinted second hand fashion marketplace pockets 128 million and secures 1 billion valuation 29 November 2019 Second hand fashion consolidation Lithuanian unicorn Vinted acquires Dutch competitor United Wardrobe Silicon Canals Retrieved 9 November 2020 Vinted acquires Danish second hand marketplace Trendsales company vinted com 5 March 2024 About Vinted Vinted Retrieved 30 November 2022 Retrieved from https en wikipedia org w index php title Vinted amp oldid 1217935303, wikipedia, wiki, book, books, library,

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