Vinted valued at EUR8b in EQT-led share sale
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The news: Second-hand marketplace Vinted has completed a share sale that values the eBay rival at EUR8 billion ($13.06 billion), the company said on Monday.
The numbers: The EUR880 million share sale was led by Swedish fund and existing investor, EQT Growth, increasing its shareholding, as well as new investors Teachers’ Venture Growth and Schroders Capital.
Vinted didn’t raise new capital itself in the deal.
In 2025, Vinted grew gross merchandise value by 47% year-on-year to EUR10.8 billion, generating EUR1.1 billion in annual revenue and EUR62 million in net profits, across 26 markets.
The context: The deal allow some existing investors and employees to sell down part of their holdings, and introduces new shareholder who can own stock in Vinted in both public and private markets.
New investors include BlackRock, Lombard Odier and Pinegrove Opportunity Partners, while several existing shareholders, including Baillie Gifford, increased their position. Vinted said the transaction was significantly oversubscribed.
“The size that we have reached means that we internally operate already as a public company,” said Vinted chief financial officer Maurizio D’Arrigo told the Financial Times in an interview.
While cautioning that the company does not have a set timeline for an IPO, D’Arrigo said: “When the conditions are right, we feel we are ready to go.”
While launching primarily as a second-hand clothes swapping service in Lithuania in 2008, it has grown into one of the bloc’s largest consumer startups and is encroaching onto eBay’s territory, expanding into electronics, toys and books.
What they said: Thomas Plantenga, CEO of Vinted Group, 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.
