Secondhand marketplace Vinted has secured an €8 billion valuation following an €880 million secondary share transaction, underscoring strong investor conviction in the growth of large-scale resale platforms. The deal was led by existing investor EQT, with new participation from Teachers’ Venture Growth and Schroders Capital, alongside additional institutional backers.
Rather than raising fresh capital, the transaction enables early investors and employees to sell shares, providing liquidity while leaving the company’s balance sheet unchanged. It reflects a funding approach Vinted has consistently used to balance shareholder returns with operational independence.
The step-up in valuation comes as the business continues to scale rapidly. Vinted reported €10.8 billion in gross merchandise value in 2025, up 47 percent year-on-year, driven by rising demand for secondhand goods across its core European markets. Although net profit declined as the company reinvested into logistics and expansion, particularly through its in-house shipping offering, the platform remains profitable overall.
Since launching as a fashion resale app, Vinted has expanded into adjacent categories, including electronics, books, and toys, putting it in more direct competition with global marketplaces, such as eBay. The broader push reflects an ambition to capture a larger share of the growing recommerce market.
What stands out in the deal is the sheer scale of – and accelerating demand in – the pre-owned fashion segment. Vinted’s growth reflects an overarching shift in consumer behavior, with secondhand increasingly becoming a default rather than an alternative. And as these platforms scale, they are also being pushed into a more complex legal and regulatory landscape. Marketplaces are facing increased scrutiny, whether that is enduring attention around the authenticity of the products on their sites, their marketing of branded products, or rising pressure from trade policy shifts, such as the closure of de minimis loopholes.
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