Vinted — research brief

Labels: FACT = company or filing source · SECONDARY = press / third party · INFERENCE = our arithmetic or reading.

Company

Peer-to-peer (C2C) second-hand marketplace founded 2008 in Vilnius, Lithuania by Milda Mitkutė and Justas Janauskas; Group CEO Thomas Plantenga, Marketplace CEO Adam Jay; 2,000+ staff (FACT, About).
Vinted Group = marketplace + Vinted Go (logistics) + Vinted Pay (payments) (FACT, 2024 results).
26 countries; launched Latvia, Estonia, Slovenia in 2025 and the U.S. (New York) in Jan 2026, first market outside Europe (FACT, 2025 results, U.S. launch; SECONDARY, Reuters).
App page cites "75 million members worldwide" (FACT, app page; may be dated). Third-party sites cite 100M+ (not used).

Financials (Vinted Group, calendar fiscal year)

FY2025: revenue €1.1bn (+38%; 2024 €813m); GMV €10.8bn (+47%; 2024 €7.3bn); adjusted EBITDA €151m (−5%); net profit €62m (−19%; 2024 €77m); free cash flow €137m (+36%) (FACT, 2025 results release, Apr 9 2026).
FY2024: revenue €813.4m (+36%; 2023 €596.3m); net profit €76.7m (+330%; 2023 €17.8m); adjusted EBITDA €158.9m (2023 €76.6m) (FACT, 2024 results release).
Revenue ÷ GMV FY2025 ≈ 10% (INFERENCE). Net margin ≈ 5.6% (INFERENCE, on rounded €1.1bn). Operating costs before D&A ≈ €0.95bn (INFERENCE: revenue − adj. EBITDA).
Oct 2024: €340m secondary share sale led by TPG at a €5bn valuation (FACT, TPG).

Pricing

No selling fees. Buyer pays a mandatory Vinted fee (formerly Buyer Protection fee), typically 5% + €0.70 / $0.70, VAT included, varying by item, order value, bundle (FACT, help, rename, price list).
Sellers can buy Bumps for 3 or 7 days; price depends on duration, item price and local/international scope (FACT, price list).
Buyer pays shipping; 500,000+ pick-up/drop-off points; Vinted Go carrier in Belgium, France, Netherlands, Portugal, Spain; testing deliveries for external clients (FACT, 2025 results).

International

Revenue by country is not published in the release; entry mode digital-only with own carrier in 5 countries. France and UK reported as largest markets (SECONDARY, not used for figures).

Not found / not used

No split of revenue by stream; no cost line items; no audited annual report consulted for this brief.

# Vinted — research brief Labels: **FACT** = company or filing source · **SECONDARY** = press / third party · **INFERENCE** = our arithmetic or reading. ## Company - Peer-to-peer (C2C) second-hand marketplace founded 2008 in Vilnius, Lithuania by Milda Mitkutė and Justas Janauskas; Group CEO Thomas Plantenga, Marketplace CEO Adam Jay; 2,000+ staff (FACT, [About](https://www.vinted.com/about)). - Vinted Group = marketplace + Vinted Go (logistics) + Vinted Pay (payments) (FACT, [2024 results](https://company.vinted.com/newsroom/Vinted-delivers-strong-profitable-growth-while-investing)). - 26 countries; launched Latvia, Estonia, Slovenia in 2025 and the U.S. (New York) in Jan 2026, first market outside Europe (FACT, [2025 results](https://company.vinted.com/newsroom/financial-results-2025), [U.S. launch](https://company.vinted.com/newsroom/vinted-launches-us-nyc-2); SECONDARY, [Reuters](https://www.reuters.com/business/retail-consumer/second-hand-fashion-platform-vinted-reports-38-jump-revenue-2026-04-09/)). - App page cites "75 million members worldwide" (FACT, [app page](https://www.vinted.com/app); may be dated). Third-party sites cite 100M+ (not used). ## Financials (Vinted Group, calendar fiscal year) - **FY2025:** revenue €1.1bn (+38%; 2024 €813m); GMV €10.8bn (+47%; 2024 €7.3bn); adjusted EBITDA €151m (−5%); net profit €62m (−19%; 2024 €77m); free cash flow €137m (+36%) (FACT, 2025 results release, Apr 9 2026). - **FY2024:** revenue €813.4m (+36%; 2023 €596.3m); net profit €76.7m (+330%; 2023 €17.8m); adjusted EBITDA €158.9m (2023 €76.6m) (FACT, 2024 results release). - Revenue ÷ GMV FY2025 ≈ 10% (INFERENCE). Net margin ≈ 5.6% (INFERENCE, on rounded €1.1bn). Operating costs before D&A ≈ €0.95bn (INFERENCE: revenue − adj. EBITDA). - Oct 2024: €340m secondary share sale led by TPG at a €5bn valuation (FACT, [TPG](https://www.tpg.com/news-and-insights/vinted-secures-tpg-led-secondary-investment-at-valuation-of-e5b-reflecting-profitable-growth)). ## Pricing - No selling fees. Buyer pays a mandatory **Vinted fee** (formerly Buyer Protection fee), typically 5% + €0.70 / $0.70, VAT included, varying by item, order value, bundle (FACT, [help](https://www.vinted.com/help/342-buyer-protection-fee), [rename](https://www.vinted.co.uk/help/1653), [price list](https://www.vinted.com/pricelist)). - Sellers can buy **Bumps** for 3 or 7 days; price depends on duration, item price and local/international scope (FACT, price list). - Buyer pays shipping; 500,000+ pick-up/drop-off points; Vinted Go carrier in Belgium, France, Netherlands, Portugal, Spain; testing deliveries for external clients (FACT, 2025 results). ## International - Revenue by country is not published in the release; entry mode digital-only with own carrier in 5 countries. France and UK reported as largest markets (SECONDARY, not used for figures). ## Not found / not used - No split of revenue by stream; no cost line items; no audited annual report consulted for this brief.