Vinted's $9.2 Billion Valuation: A Risky Bet on Gen-Z Shopping Habits?

Vinted, a second-hand clothing platform, is reportedly seeking a share sale valuing the Lithuania-based company at €8 billion ($9.2 billion). The valuation is based on the company's expected revenue of €1 billion this year, with total sales through the marketplace forecast at €10 billion. However, the valuation is considered expensive, with shares of US rivals Poshmark and ThredUp having dropped significantly since their peaks.