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Minted Vinted sees annual revenues top €1bn

Published: April 10, 2026 at 10:04 am

Author: Chris Maguire

Vinted, the Lithuanian-founded online marketplace, has reported annual revenues of €1.1bn in 2025, a 38 per cent increase year-on-year.

At the same time, GMV (gross merchandise value) rose 47 per cent to €10.8bn.

GMV is the total value of goods sold through a platform or marketplace over a given period.

The figures show that Vinted reported adjusted EBITDA of €151m and a net profit of €62m.

Vinted was founded in Vilnius in 2008 by Milda Mitkute and Justas Janauskas after they had a conversation at a party about creating a platform where people could buy and sell clothing from each other’s wardrobes.

Through its network of delivery partners, Vinted provides members with access to more than 500,000 pick-up and drop-off points across Europe, supporting uptake of convenient, out-of-home delivery options.

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