You probably would have come across the classified ad business marketplace so far, like Letgo, OLX, Wallapop, etc.
They have been acting as a platform for millions of people across the world by letting them buy and sell unused items in a nonconventional way- or just a few taps.
Who wouldn’t love when those pre-loved clothes turn back to flows of cash? This idea popped in Milda Mitkute’s mind, the co-founder of the platform, and that’s when she started the Vinted. “It’s a platform that opens all the closets in the world,” she says. The company charged mandatory sales fees at the earlier stage but then changed into a free product.
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