Company

Companies England

Vinted

Vinted

Consumer goods

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Description

Vinted, UAB Group, commonly known as Vinted, is a Lithuanian online marketplace for buying, selling, and exchanging new or secondhand items, mainly clothing and accessories.

History

Vinted was co-founded in 2008 by Milda Mitkutė and Justas Janauskas in Vilnius, Lithuania. Mitkutė was moving house and needed a way to sell her surplus clothes. This led to the creation of a website where users could trade their clothing items.

In 2012, Vinted partnered with Lemon Labs, a Lithuanian-based app development consultancy, to launch their mobile app. In 2016, Dutch businessman Thomas Plantenga joined Vinted's management team as a strategy consultant and later became the CEO.

In 2019, Vinted became Lithuania's first tech unicorn, raising €128 million at a €1 billion valuation in a round led by Lightspeed Venture Partners. In October 2020, Vinted acquired United Wardrobe, a Dutch competitor. In 2024, Vinted acquired Trendsales, a Danish competitor.

As of June 2024, Vinted operates in twenty-one countries and has more than 65 million registered users.

Website

https://www.vinted.com

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Quotes

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Jimmy Kimmel Trolls Mitch McConnell’s Proof-of-Life Photo During Vacation

KIMMEL James
KIMMEL James

For those who've been asking, I'm feeling great

Jeremy Clarkson Reveals Bizarre First Job Before Clarkson’s Farm Fame

CLARKSON Jeremy
CLARKSON Jeremy

In my first year on the job I sold absolutely nothing at all

Hugh Grant Corrects Martin Brundle After Awkward F1 Interview Mix-Up

BRUNDLE Martin
BRUNDLE Martin

I’m a big Ferrari fan.

Davina McCall Feared Menopause Symptoms Would End TV Career

MCCALL Davina
MCCALL Davina

These are just mental. But these are all real, and these are very disconcerting to me, to the point where I thought, ‘I’m not sure I can present television any more’.

Madonna Reunites With Daughter Lourdes at Confessions II London Album Launch

LEON Lourdes
LEON Lourdes

It was my idea. I felt that between a mother and a daughter in a relationship, there are a lot of things that are unspoken