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_how-lithuanian-startup-vinted-spun-secondhand-clothes-sales-into-gold-124-forbes.webp "Thomas Plantenga bet the future of Vinted on a television advertisement. The secondhand clothing resale app was burning $1 million per month and had less than a year of cash left when Plantenga made an $800,000 gamble on French television. It was May 2016, and Plantenga had recently been hired to save the eight-year-old Lithuanian startup. After its founding at a college party in 2008, Vinted had grown rapidly as people from 10 countries used its platform to buy and sell secondhand clothes. <br/><br/>But it was free for users, barely covering its server costs with advertising, and an attempt in 2014 to bolt on a Poshmark-style 20% sales commission resulted in a user revolt. Traffic almost halved overnight. The Netherlands-born Plantenga, who had never been to Lithuania, signed up for a five-week gig as a consultant in May 2016. He ended up becoming Vinted’s CEO 18 months later.<br/><br/>Seven years later, Vinted is one of Europe’s largest consumer marketplaces, with over $600 million of revenue in 2023. It now counts 100 million users globally. Last year, it posted its first annual profit—at least $20 million—distinguishing it from its loss-making American cousins including The RealReal (valued at $360 million), ThredUp ($200 million) and Poshmark (sold for $1.2 billion). Vinted became the Baltic nation’s first unicorn in 2019 when it raised $140 million at a $1.1 billion valuation, and sales have since grown sixfold. <br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/iainmartin/2024/04/15/how-lithuanian-startup-vinted-spun-secondhand-clothes-sales-into-gold/?sh=5a47e3eaa3f0<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_taboo-american-style-1-1985-rated-pg.webp "barefoot and independent")
_taboo-a-movie-14.webp "Ben King")
_sexual-chronicles-of-a-french-family-2012-uncut.webp "Sexual Chronicles of a French Family (French: Chroniques sexuelles d'une famille d'aujourd'hui, lit. 'Sexual Chronicles of a Family Today') is a 2012 French sex comedy film directed by Jean-Marc Barr and Pascal Arnold")
_taboo-family-and-sex.webp "Mark Smith")
_taboo-american-style-4-1985-rated-pg.webp "barefoot and independent")
_2025-hyundai-tucson-xrt-interior-design.webp "Hyundai unveiled its thoroughly refreshed 2025 Tucson SUV in a North American reveal at the New York International Auto Show. The updated 2025 Tucson continues to build upon its successful Sensuous Sportiness design identity with a more commanding front and rear appearance, updated lighting signatures, new alloy wheel designs and a significantly redesigned interior. A plethora of new and enhanced driver comfort, convenience and safety technologies have also been added. 2025 Tucson 2.5L models will arrive at U.S. dealerships in June, while 1.6L turbo hybrid and plug-in hybrid models will be available late summer.<br/><br/>The 2025 Tucson presents an evocative, bold appearance with ‘Parametric Dynamics’ design language and kinetic, jewel-like surface detailing that ensures its distinct identity in today’s crowded SUV marketplace. For 2025, revised exterior styling imbues Tucson with a more planted, substantial look thanks to a new grille, redesigned front and rear bumper fascia, and an updated daytime running light signature. New alloy wheels, anodized aluminum badging, and a 75-mm longer rear wiper blade for improved visibility round out these purposeful changes.<br/><br/>The 2025 Tucson’s interior may feature the biggest upgrades of all, thanks to a more open-feeling design and a higher-tech, yet easier-to-use infotainment interface. This cabin glow-up incorporates a redesigned panoramic curved display that integrates an available 12.3-inch digital instrument cluster and an enlarged 12.3-inch infotainment display. A redesigned center stack includes the addition ofsupplementary knobs and switchgear for frequent-use driver controls including audio volume and tuning, along with select HVAC controls for greatly improved ergonomics. The center console, steering wheel and door panel accents have also been redesigned for both fresh appeal and enhanced usability. A new dashboard tray located above the glovebox adds even more storage space for front-seat passengers.")
_taboo-american-style-3-1985-rated-pg.webp "barefoot and independent")
_taboo-american-style-secret-dreams.webp "Rabbit A")
_sexual-chronicles-of-a-french-family-2012-uncut.webp "Sexual Chronicles of a French Family (French: Chroniques sexuelles d'une famille d'aujourd'hui, lit. 'Sexual Chronicles of a Family Today') is a 2012 French sex comedy film directed by Jean-Marc Barr and Pascal Arnold")
_taboo-american-style-1-pelcula-datos-y-resumen.webp "Nice Biography")
_taboo-v-1986-rated-g.webp "barefoot and independent")
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