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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.")
_chad-daybell-and-lori-vallow-the-mormon-influences-part-1-mormon-stories-1487.webp "Mormon Stories Podcast")
⏲ 3 hours 8 minutes 18 seconds 👁 140.1K
_interview-lori-daybell39s-cousin-megan-conner-bombshell-info.webp "Hidden True Crime")
⏲ 2 hours 2 minutes 14 seconds 👁 176.6K
_dancing-village-the-curse-begins-movie.webp "Dancing Village The Curse Begins Movie Trailer HD - Plot synopsis:In this horror-thriller, a shaman instructs Mila to return a mystical bracelet, the Kawaturih, to the “Dancing Village,” a remote site on the easternmost tip of Java Island. Joined by her cousin, Yuda, and his friends Jito and Arya, Mila arrives on the island only to discover that the village elder has passed away, and that the new guardian, Mbah Buyut, isn’t present. Various strange and eerie events occur while awaiting Mbah Buyut’s return, including Mila being visited by Badarawuhi, a mysterious, mythical being who rules the village. When she decides to return the Kawaturih without the help of Mgah Buyut, Mila threatens the village’s safety, and she must join a ritual to select the new “Dawuh,” a cursed soul forced to dance for the rest of her life.<br/><br/>In Select Theaters April 26. Starring Aulia Sarah, Maudy Effrosina, Jourdy Pranata, Moh.Iqbal Sulaiman, Ardit Erwandha, Claresta Taufan, Diding Boneng, Aming Sugandhi, Dinda Kanyadewi, Pipien Putri, Maryam Supraba, Bimasena, Putri Permata, Baiq Vania Estiningtyas Sagita, Baiq Nathania Elvaretta.")
_growing-up-with-lori-vallow-cousin-megan-conner-124-ep-1760.webp "Mormon Stories Podcast")
_lori-vallow-daybell39s-cousin-braxton-southwick-interview-with-lauren-matthias.webp "Hidden True Crime")
⏲ 2 hours 8 minutes 42 seconds 👁 34.5K
_cash-on-delivery-uncut-1992.webp "Cash On Delivery is a 1992 love erotic drama directed by Terry Tong Gei-Ming (唐基明). Main roles are Simon Yam Tat-wah (任達華), Veronica Yip Yuk-hing (葉玉卿) and Sandra Ng Kwan-yue (吳君如). Support roles are Michael Chow Man-kin (周文健) and Ho Ying-wai (何英偉).<br/><br/>The story is about the tragic love between an Assistant Public Prosecutor Sandy Koh (Sandra) and a retired gigolo Simon Yip (Simon). Simon's cousin, Valentino (Michael) has newly joined the gigolo trade. However, Valentino got into trouble and a lawsuit was brought up against him. Simon desperately hoped to help Valentino, encountered Sandy in court and took the witness stand to testify. Eventually, they fall in love with each other and triggering off a series of emotional conflict. <br/><br/>Wealthy couple Mr. Raymond Lau (潘震偉 Poon) and Mrs. Lau Chan Wing Mui (Veronica), bearing no child for the Lau's family. Raymond, being the only son of the family, is supposed to continue the \")
_lori-vallow-daybell39s-cousin-speaks-to-court-tv.webp "COURT TV")
_chad-daybell-court-recap-amp-convo-with-lori-vallow39s-cousin-megan-conner.webp "Hidden True Crime")
⏲ 39 minutes 27 seconds 👁 17.3K
_3625m-episodes-and-39half-baked-scripts39-marvel-insiders-claim-39she-hulk39s39-problems-were-byproduct-of-larger-issues.webp "In summer 2022, Bruce Banner’s cousin Jennifer Walters scored the MCU spotlight for herself in \")
⏲ 1:15 👁 870K
_39there-is-a-lot-to-say39-lori-vallow39s-cousin-talks-about-extreme-religious-beliefs.webp "FOX 10 Phoenix")
⏲ 3 minutes 11 seconds 👁 29.1K
_curious-cousins-visit-children39s-home-for-the-first-time-124-heartwarming-surprise.webp "Curious Cousins")
⏲ 7 minutes 53 seconds 👁 66
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