Vinted valuation soars to €8bn as investors pile into resale boom

Vinted has hit an €8bn valuation after completing an oversubscribed €880m secondary share sale, cementing its status as one of Europe’s hottest resale businesses. The Lithuania-founded second-hand marketplace said the transaction was led by existing investor EQT, alongside Schroders Capital and Teachers’ Venture Growth, the late-stage venture investment arm of Ontario Teachers’ Pension Plan. The..