Vinted Valued at €5 Billion in TPG-Led Secondary Share Sale
Uptown Park, 13, Švitrigailos g., Naujamiestis, Naujamiesčio seniūnija, Vilnius, Vilniaus miesto savivaldybė, Vilniaus apskritis, 03228, Lietuva
Vinted
CONFIRMEDDate confidence: CONFIRMEDStated as firmHow firmly the source words the date: confirmed, scheduled, estimated, delayed or unverified.Show all CONFIRMED pins84% CONFIDENCEOverall confidence: 84%How well the pin's source and references back up its dates.Weighted average of how firmly 2 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or betterTechCrunch's[1] October 24, 2024 report says Vinted 'has completed a $367 million ($340 million) secondary share sale' that values the company 'at $5.4 billion ($5 billion)', led by TPG.
Vinted completed a €340 million secondary share sale led by private-equity firm TPG, valuing the Lithuanian resale marketplace at €5 billion and letting employees and early investors cash out stock.
€340M