Schroders Capital and Teachers’ Venture Growth have joined as new investors in Vinted’s recent €880 million secondary share sale. The deal provides early investors and long-serving employees with liquidity. Although Vinted is “IPO-ready,” it has not announced a timeline for going public. The company reported a 36% increase in revenue for fiscal year 2024, reaching €813 million, while net profits quadrupled. Vinted, a Lithuanian-based second-hand marketplace, has grown into one of Europe’s largest consumer-to-consumer platforms.
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