Photo of Judita Grigelyts (V).
in 2023 Vinted Limited, which manages online second-hand fashion goods peer-to-peer trading platforms, received 596.3 million. EUR sales revenue is 61% more than in 2022, when the turnover is 370.2 million. Eur. In the comparative period, the net profit reached 17.8 million. Eur, will be replaced in 2022. former 20.4 million EUR net loss, reports the company.
in 2023 Vinted grew faster than planned, group EBITDA reached 76.6 million. Eur.
MS 2023 the results not only show that we can ensure strong growth, but also that we are ahead of the market with great potential. For many years, we have been investing capital with a high investment rate, constantly considering the financial sustainability of our investments, so I am glad that we can announce that we are profitable in 2023 as well. we recorded a positive EBITDA, says Thomas Plantenga, CEO of Vinted Group.
Vinted’s trading platform, which forms the basis of the group, ensured growth in several different areas: it continued to increase market share in existing markets, namely Denmark, Finland and Romania, and expanded the luxury fashion segment. At the same time, the group accelerated delivery services pltr with Vinted Go.
in 2022 after starting to use the Rebelle platform to create designer items, Vinted brought together the teams of both companies and started providing item verification services, giving Vinted members the opportunity to sell designer and luxury items. The service is currently available in nine Vinted markets and will continue to expand, according to the company’s announcement.
The Vinted Go company, which develops shipping-related services, organizes about 1,500 parcel pick-up and delivery (PUDO) locations in the main cities of France. pick-up, drop-off) point Last year, in the second half of the year, Vinted Go requested the delivery of the Netherlands by mon Homerr. Vintage Go 2024 provides pltr in France, Belgium, Netherlands.
The Bank of Lithuania granted Vinted an electronic money institution license, which will give the company the opportunity to develop new services.
In the fourth quarter of 2023, Vinted secured 50 million. Eur revolving credit in BNP Paribas and ING Bank. The latter is given to potential future investments or expansion opportunities, including mergers and acquisitions.
In 2023, Vinted’s average monthly number of employees increased by a third, to 1,743 employees, most of whom worked in Lithuania. At present, more than 2,000 employees work in the entire group.
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Topic Trade
