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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.
Jun 11, 2024 · Vinted CEO Thomas Plantenga has reason to celebrate. His company recently became the first “pre-loved” clothing platform to make a profit after a monumental 61% surge in sales.
But Lithuania’s Milda Mitkute, 29, the founder of Vinted, a peer-to-peer global clothing marketplace, has done just that. And it has worked wonders! Founded in 2008 as a website, where Lithuanian girls could swap their clothes, it has later grown, with a solid investment, into an international clothing business with 11 million members on a ...
Vinted’s mission is backed by leading venture capital firms from both sides of the Atlantic, including Accel, Burda Principal Investments, EQT Growth, Insight Partners, Lightspeed Venture Partners, and Sprints. You can read our latest updates in the Newsroom.
Apr 15, 2024 · Billionaire hedge fund manager Jim Simons’ Renaissance Technologies owns 5.1% of outstanding shares.
Aug 2, 2024 · Vinted - statistics & facts. Needing an easy way to sell her extra clothing during a move to Vilnius, Lithuania, co-founder Milda Mitkutė worked together with Justas Janauskas to bring...
Apr 29, 2024 · Vinted, the online marketplace for secondhand fashion, has achieved a significant milestone by reporting a remarkable 61% surge in sales, reaching nearly €600 million (£513 million).
