Vinted needs to amass Rebelle
Secondhand trend market Vinted needs to amass competitor Rebelle. The corporate supplied 30.2 million euros for the acquisition. The deal obtained a constructive response from fee members and shareholders of Rebelle.
Vinted is a web based platform to purchase and promote pre-owned clothes, which was based in Lithuania. Rebelle can be a secondhand trend market from Germany, providing largely luxurious manufacturers. Vinted has been increasing its enterprise not too long ago, launching a logistics arm and on-line delivery platform. At first of this 12 months, Rebelle went public, valued at almost 60 million euros.
Over 90% of shares
Vinted launched…