Vinted, the consumer-to-consumer resale platform, has achieved a valuation of over $9 billion following a secondary shares transaction of 880 million euros ($1.02 billion) completed in late April 2026 [1]. The transaction, led by EQT, brought in new institutional investors such as Schroders Capital and BlackRock, while existing shareholders like Baillie Gifford increased their stakes. This deal did not involve the issuance of new primary capital but provided liquidity to existing shareholders and employees [1].
The company has experienced rapid growth, with the value of items sold on Vinted rising nearly 50% last year as it expanded into more European markets [1]. CEO Adam Jay attributes this momentum to a 'fundamental change in consumption towards second hand,' driven by consumers seeking value amid global cost-of-living increases and inflation. Jay emphasized that Vinted's growth predates current economic challenges and has continued through periods of financial stress [1].
Vinted's robust financial position, being cash-positive and able to raise nearly a billion euros in private capital, has fueled speculation about a potential blockbuster IPO. However, executives have not provided a timeline or location for a public listing, with Jay stating satisfaction with current investors and declining to comment further on IPO specifics [1].
The company is also expanding beyond fashion and Europe, capitalizing on the rapid growth of the online secondhand apparel market, which is reportedly growing at twice the speed of the overall market according to GlobalData. Jay highlighted the social and climate impact of the resale economy, describing it as a 'win-win for buyers and sellers' and central to Vinted's value proposition [1].
CONCLUSION
Vinted's $9 billion valuation and strong growth underscore a major shift in consumer behavior toward secondhand goods. While IPO speculation is mounting, the company remains well-capitalized and under no immediate pressure to list. The entry of major institutional investors and continued market expansion position Vinted as a significant player in the evolving resale economy.