Vinted profit triples, driven by second-hand boom and Europe-wide growth

Second-hand marketplace Vinted has a reported sharp rise in revenue and profits for 2024, fuelled by growing consumer appetite for affordable pre-owned goods and ongoing expansion across Europe.
The Lithuanian-based business posted a net profit of €76.7m, up from €17.8m the previous year, as sales climbed 36% to €813.4m. Adjusted EBITDA also more than doubled to €158.9m.
Chief executive Thomas Plantenga said: “This performance is the result of our hard work to deliver p