Vinted has secured secondary investment at a valuation of over £4bn

Vinted app 10

Source: Vinted

Lithuanian secondhand marketplace Vinted has secured a secondary investment of €340m (£283m) at a valuation of €5bn (£4.17bn).

The marketplace said the investment led by global alternative asset manager TPG “validates Vinted’s opportunity and progress in developing and growing the secondhand market globally”.

 

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