EBay Rival Vinted Valued at €8 Billion in Share Transaction
eBay headquarters in San Jose, California.
Photographer: David Paul Morris/BloombergOnline retailer Vinted sold shares in a secondary transaction that values the company at €8 billion ($9.4 billion), the company said on Monday.
The €880 million share sale was led by Swedish fund EQT Growth with new backers Schroders Capital and Teachers’ Venture Growth. Vinted doesn’t raise new capital itself in the deal.