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(Sharecast News) - Vinted is exploring a share sale that could value the second-hand fashion platform at about 8bn, it emerged on Monday, as early investors and long-serving employees looked for liquidity amid rapid expansion of the Lithuanian company.
Talks remained at an early stage, according to the Financial Times citing people familiar with the matter, with no final valuation or deal size agreed.
A transaction could launch in early 2026.
The potential sale followed a similar secondary round in 2024 that valued Vinted at 5bn and added to growing expectations of an eventual initial public offering, though the company insisted it was prioritising organic growth and shareholder liquidity over new fundraising.
Founded in Vilnius in 2008, Vinted now operates in 22 European markets and has more than 100 million registered users, supported by integrated payments, logistics and recommendation systems that have helped it outpace rivals including Depop, Poshmark and ThredUp.
The company's financial performance has accelerated sharply.
Revenue climbed 36% in 2024 to 813m and was forecast to rise around 40% this year to more than 1bn.
Net profit quadrupled to 76.7m, while gross merchandise value has surpassed 10bn as European consumers shift towards second-hand shopping amid continued pressure on household budgets.
Activity has also grown across new categories such as electronics, books, toys and video games.
Vinted had been expanding its operational infrastructure through Vinted Go, its in-house shipping network, and Vinted Pay, its integrated payments system, both designed to improve transaction efficiency and user retention.
The shipping service was being extended further into southern Europe, while the company is testing cross-Atlantic trade routes between London and New York as a step towards entering the US market, which executives describe as large but fragmented.
Alongside its core marketplace, the group had launched Vinted Ventures, an investment arm backing re-commerce start-ups with funding rounds up to 10m.
Reporting by Josh White for Sharecast.com.