According to the Cross-Border Commerce Europe study of December 9, the second-hand market is growing 11 times faster than the traditional retail market. In Europe, it is booming: from €16 billion in 2021, it should reach €34 billion in 2025.
The study presents a “Top 10” of marketplaces dedicated to second-hand goods. The Lithuanian Vinted is ranked n°1 with almost €2.75 billion of GMV, a market capitalisation of €4 billion and 40% of the second-hand market in Europe. Ebay
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