Employees working in the Vinted headquarters in Vilnius, Lithuania. The company is growing rapidly as the fashion industry comes under growing scrutiny for fuelling a throwaway culture. — Vinted-Investment/Reuters
VILNIUS: Vinted, an online marketplace for second-hand clothes, has surfed a sustainable fashion wave to become Lithuania's first technology startup to reach "unicorn" status with a valuation of over US$1bil (RM4.17bil).
The company, created in 2008 as one founder wanted to give away surplus clothes after moving to a new house, is growing rapidly as the fashion industry comes under growing scrutiny for fuelling a throwaway culture.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
