Second-hand selling platform Vinted launched in Ireland this week, with the company’s chief executive Thomas Plantenga expressing confidence in the company’s ability to become a leading player in the growing market. Speaking to the Irish Examiner at this year’s Web Summit in Lisbon, the CEO said they looked “very carefully” at Ireland, noting the online second-hand market was “very immature at this point”. Vinted’s expansion into Ireland marks its 23rd global location, with most of Europe now already conquered by the growing second-hand platform. “Sometimes we try a new market and it doesn’t work,” Mr Plantenga said. “The more people that use Vinted, the lower the average order value becomes and the faster people start selling.

Source: Irish Examiner November 14, 2024 17:14 UTC