Tag: Vinted

Lithuania: TPG may invest in fashion marketplace Vinted: report

Via BalticaSeptember 11, 202401 mins

US private equity group TPG is in talks to invest in the Lithuanian second-hand fashion platform, Vinted, according to the Financial Times, BNS reports. Under the deal, TPG would acquire several hundred million euros worth of existing shares in Vinted. The deal would value the company at EUR 5bn. Vinted has been working with US…

Lithuania: Vinted fined EUR 2.4mn for consumer data breaches

Via BalticaJuly 3, 202401 mins

Lithuania’s State Data Protection Inspectorate (VDAI) has imposed a fine of EUR 2.39mn on the local online marketplace for second-hand goods, Vinted, for violating consumer data protection laws, BNS reports. The fine follows complaints from French and Polish supervisory authorities and pertains to breaches of the EU’s General Data Protection Regulation (GDPR). Vinted was found…

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Vinted

Lithuania: TPG may invest in fashion marketplace Vinted: report