Vinted attracts BlackRock in secondary share deal amid booming resale market
The asset manager BlackRock is reportedly one of the new investors to take part in a secondary share transaction for second-hand marketplace Vinted, in a deal that values the company at €8 billion (£7 billion).
BlackRock is expected to take a stake in Vinted in a deal that could close as early as March. The prospective secondary share deal would see the asset manager, alongside other investors, acquire stakes worth more than £500 million from existing Vinted shareholders, according to Sky News.
It is still unclear who would be leading the investment round. The publication reported that industry sources speculated this would be the last meaningful change to Vinted's share register before the company goes public.
Vinted has reportedly been eyeing a secondary share sale since November 2025. It had closed a major secondary share sale in October 2024, valuing the business at €5 billion (£4.3 billion). The deal allowed everyone who owned shares in Vinted, including employees, to cash in on some of their success while also bringing in new investors to support Vinted’s future growth.
In the spring of last year, the company reported soaring profits for 2024, with group revenue up by 36% to €813.4 million (£696.2 million). It had been making strategic investments across logistics, payments and re-commerce innovation, growing on multiple fronts, including geographic expansion and a new electronics category that allows users to buy and sell second-hand tech.
In January 2026, Vinted launched a major expansion in the US to tap into the 50% of Americans who wear half their wardrobe or less. The resale marketplace first expanded into the US in 2013, but this move signals a renewed push to scale its presence in the market. In the UK, it had also recently been described as the number one ‘side hustle’ for Brits.
The race for market space within the resale market is heating up, with eBay striking a deal to buy second-hand clothing app Depop from rival Etsy for £890 million, announced just last week, as it looks to cater to a "younger demographic".
Vinted has declined to comment on these reports.
