Pre-loved firm Vinted eyes M&A, expansion on first profit milestone
Secondhand fashion platform Vinted has turned its first ever profit, suggesting more consumers are now turning to pre-loved fashion.
Source: just-style.com
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Vinted revenue was 596 million euros in 2023
Second-hand fashion marketplace Vinted has released its financial results of 2023. Its revenue was 596.3 million euros.
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Source: ecommercenews.eu
Luxury resale puts Vinted back in the black
Second hand marketplace Vinted returned to profit in 2023 as it posted a 61% increase in revenue year on year of €596.3m (£509m).
Source: drapersonline.com
Secondhand fashion seller Vinted moves into profit after 61% sales rise
Lithuania-based site is expanding while its rivals Depop and RealReal reported losses last year
Source: theguardian.com
Lithuania's first unicorn Vinted reaches double-digit profitability: Know more
Vilnius, Lithuania-based Vinted, an online marketplace startup for second-hand/used clothes, announced on Monday that it has witnessed strong growth in 2023
Czech Republic Vilniaus Apskritis Noord Holland Thomas Plantenga Electronic Money Institution Vinted Group
Source: siliconcanals.com
Vinted Solves Resale Profitability by Spreading Income Sources
Vinted has achieved its first profitable year, spreading out its income sources to include everything from fulfillment to payment services.
Thomas Plantenga Gayle Tait Vinted Group Its Electronic Money Institution Electronic Money Institution License Vinted Balance
Source: pymnts.com
Why stepping aside was the best business decision for Vinted's founders
When is it time to let someone else take over and bring your business to the next level? The story of Vinted might just give you the answer.
Source: cityam.com
Lithuania's Vinted Go expands European delivery network, acquires Dutch-based Homerr
Vinted’s new platform Vinted Go announced the acquisition of the Dutch logistics start-up Homerr to expand services in Europe.
Source: siliconcanals.com