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_how-lithuanian-startup-vinted-spun-secondhand-clothes-sales-into-gold-124-forbes.jpg "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.")
⏲ 5:56 👁 600K
_angie-harmon39s-oldest-daughter-is-all-grown-up-and-stunning.jpg "Is it possible to be a movie star and raise a family the normal way? For Angie Harmon it is — and her oldest daughter, Finley Faith, is a prime example of the good that can come of it.")
⏲ 6:31 👁 595K
_viral-video-alec-baldwin-punches-camera-out-of-womans-hand.jpg "Viral Video: Alec Baldwin punches camera out of woman’s hand from sesame street raise your hand 2010")
⏲ 0:51 👁 580K
_ph-us-launch-annual-joint-military-drills.jpg "PH, US Launch annual joint military drills<br/><br/>Thousands of Filipino and American troops kicked off joint military exercises in the Philippines on Monday, as Beijing's growing assertiveness in the region raises fears of a conflict.<br/><br/>The annual drills — dubbed Balikatan, or \")
⏲ 0:39 👁 23.8M
_khabar-meher-bokhari-kay-saath-124-ary-news-124-22nd-april-2024.jpg "#PTI #nawazsharif #ishaqdar #PMLN #byelections #AtifKhan #SenatorAfnanUllah #byelectionresult #election2024 #MeherBukhari #khabar<br/><br/>(Current Affairs)<br/><br/>Host:<br/>- Meher Bokhari<br/><br/>Guests:<br/>- Atif Khan PTI<br/>- Senator Afnan Ullah PMLN<br/>- Aizaz Ahmad Chaudhry (Former Foreign Secretary)<br/>- Miftah Ismail (Former Minister of Finance)<br/><br/>Trying to Negotiations with PTI | Nawaz Sharif expected to visit China | Meher Bokhari's Analysis<br/><br/>PTI Leader Atif Khan's Raises Big Questions on By-Elections 2024<br/><br/>Iran–Pakistan Gas Pipeline Project - Aizaz Ahmad Chaudhry's Big Statement<br/><br/><br/>Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY<br/><br/>Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP<br/><br/>ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.")
⏲ 46:19 👁 490K
_off-the-record-124-kashif-abbasi-124-ary-news-124-22nd-april-2024.jpg "#ByElections #DaniyalAziz #SheikhWaqas #Rigging #KashifAbbasi #OffTheRecord #ExpertAnalysis<br/><br/>(Current Affairs)<br/><br/>Host:<br/>- Kashif Abbasi<br/><br/>Guests:<br/>- Sheikh Waqas Akram PTI<br/>- Bilal Azhar Kayani PMLN<br/>- Daniyal Aziz (Senior Leader)<br/><br/>Ek Taraf Se Fatah Ke Daawe, Dosri Taraf Dhandli Ke Ilzamat | Kashif Abbasi's blunt analysis<br/><br/>Daniyal Aziz raises important questions on transparency of elections<br/><br/>\")
⏲ 42:11 👁 1.8M
_ozzy-osbourne-promises-to-return-to-birmingham-to-thank-locals-for-the-bridge-and-bull-even-if-he-has-to-crawl-here-on.jpg "Interview with Ozzy and Sharon Osbourne.")
⏲ 2:0 👁 975K
_x-unveils-so-called-groundbreaking-smart-tv-app-set-to-revolutionize-viewing-experience.jpg "Welcome to Fan Reviews News. Elon Musk's X has just revealed that they are working on a smart TV app for streaming video. This app, called X TV, aims to provide a high-quality and immersive entertainment experience on a larger screen.There's no specific launch date mentioned, so we'll have to wait and see. They mention something about AI and effortless casting from a mobile device to a TV, which raises some questions. Is this app just for TVs or also for mobile devices? It seems like there might be some confusion and we don't know a whole lot about it yet. X has a track record of making big promises and then not delivering, so we'll have to approach this with caution. We will keep you updated on everything happening in the tech world, on Fan Reviews News.")
⏲ 0:44 👁 400K
_how-to-make-chili-crisp-sesame-noodles.jpg "In this video, learn how to make Chili Crisp Sesame Noodles, a spicy dish bursting with flavor. Use this step-by-step guide to create the perfect blend of spicy chili crisp and savory sesame noodles, and discover the secrets to achieving the ideal texture and balance of heat in this fun recipe. Level up your cooking skills, and treat your family and friends to a delicious and satisfying meal.")
⏲ 0:57 👁 2.4M
_pm-asked-if-he39d-cut-pensions-or-raise-taxes-to-fund-ni-plan.jpg "Rishi Sunak has refused to explain how he intends to fund a £46bn plan to abolish National Insurance – during this week’s Prime Minister’s Questions.<br/> <br/>Despite being pressed multiple times by Labour leader Sir Keir Starmer, the PM insisted his government has delivered the biggest tax cut since the 1980s. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn")
⏲ 1:41 👁 54M
_govt-in-discussion-to-finalise-progressive-wage-policy-says-sim.jpg "The government will implement a pilot project to raise workers' wages and provide debt compensation on a progressive wage basis, says Steven Sim.<br/><br/>The Human Resources Minister told reporters after attending the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) Power Chat 3.0 event on Friday (April 19) that the policy aims to incentivise employers to adopt more progressive salary structures for their employees.<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline")
⏲ 2:16 👁 3.6M
_jamie-lee-curtis-and-jodie-foster-at-jodie39s-hand-and-footprint-ceremony.jpg "https://www.maximotv.com <br/>B-roll footage: Jamie Lee Curtis and Jodie Foster at Jodie Foster's hand and footprint ceremony at the 15th annual TCM Classic Film Festival at the TCL Chinese Theatre in Los Angeles, California, USA, on Friday, April 19, 2024. This video is only available for editorial use in all media and worldwide. To ensure compliance and proper licensing of this video, please contact us. ©MaximoTV")
⏲ 1:34 👁 1.3M
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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.")
_angie-harmon39s-oldest-daughter-is-all-grown-up-and-stunning.webp "Is it possible to be a movie star and raise a family the normal way? For Angie Harmon it is — and her oldest daughter, Finley Faith, is a prime example of the good that can come of it.")
_viral-video-alec-baldwin-punches-camera-out-of-womans-hand.webp "Viral Video: Alec Baldwin punches camera out of woman’s hand from sesame street raise your hand 2010")
_ph-us-launch-annual-joint-military-drills.webp "PH, US Launch annual joint military drills<br/><br/>Thousands of Filipino and American troops kicked off joint military exercises in the Philippines on Monday, as Beijing's growing assertiveness in the region raises fears of a conflict.<br/><br/>The annual drills — dubbed Balikatan, or \")
_khabar-meher-bokhari-kay-saath-124-ary-news-124-22nd-april-2024.webp "#PTI #nawazsharif #ishaqdar #PMLN #byelections #AtifKhan #SenatorAfnanUllah #byelectionresult #election2024 #MeherBukhari #khabar<br/><br/>(Current Affairs)<br/><br/>Host:<br/>- Meher Bokhari<br/><br/>Guests:<br/>- Atif Khan PTI<br/>- Senator Afnan Ullah PMLN<br/>- Aizaz Ahmad Chaudhry (Former Foreign Secretary)<br/>- Miftah Ismail (Former Minister of Finance)<br/><br/>Trying to Negotiations with PTI | Nawaz Sharif expected to visit China | Meher Bokhari's Analysis<br/><br/>PTI Leader Atif Khan's Raises Big Questions on By-Elections 2024<br/><br/>Iran–Pakistan Gas Pipeline Project - Aizaz Ahmad Chaudhry's Big Statement<br/><br/><br/>Follow the ARY News channel on WhatsApp: https://bit.ly/46e5HzY<br/><br/>Subscribe to our channel and press the bell icon for latest news updates: http://bit.ly/3e0SwKP<br/><br/>ARY News is a leading Pakistani news channel that promises to bring you factual and timely international stories and stories about Pakistan, sports, entertainment, and business, amid others.")
_off-the-record-124-kashif-abbasi-124-ary-news-124-22nd-april-2024.webp "#ByElections #DaniyalAziz #SheikhWaqas #Rigging #KashifAbbasi #OffTheRecord #ExpertAnalysis<br/><br/>(Current Affairs)<br/><br/>Host:<br/>- Kashif Abbasi<br/><br/>Guests:<br/>- Sheikh Waqas Akram PTI<br/>- Bilal Azhar Kayani PMLN<br/>- Daniyal Aziz (Senior Leader)<br/><br/>Ek Taraf Se Fatah Ke Daawe, Dosri Taraf Dhandli Ke Ilzamat | Kashif Abbasi's blunt analysis<br/><br/>Daniyal Aziz raises important questions on transparency of elections<br/><br/>\")
_ozzy-osbourne-promises-to-return-to-birmingham-to-thank-locals-for-the-bridge-and-bull-even-if-he-has-to-crawl-here-on.webp "Interview with Ozzy and Sharon Osbourne.")
_x-unveils-so-called-groundbreaking-smart-tv-app-set-to-revolutionize-viewing-experience.webp "Welcome to Fan Reviews News. Elon Musk's X has just revealed that they are working on a smart TV app for streaming video. This app, called X TV, aims to provide a high-quality and immersive entertainment experience on a larger screen.There's no specific launch date mentioned, so we'll have to wait and see. They mention something about AI and effortless casting from a mobile device to a TV, which raises some questions. Is this app just for TVs or also for mobile devices? It seems like there might be some confusion and we don't know a whole lot about it yet. X has a track record of making big promises and then not delivering, so we'll have to approach this with caution. We will keep you updated on everything happening in the tech world, on Fan Reviews News.")
_how-to-make-chili-crisp-sesame-noodles.webp "In this video, learn how to make Chili Crisp Sesame Noodles, a spicy dish bursting with flavor. Use this step-by-step guide to create the perfect blend of spicy chili crisp and savory sesame noodles, and discover the secrets to achieving the ideal texture and balance of heat in this fun recipe. Level up your cooking skills, and treat your family and friends to a delicious and satisfying meal.")
_pm-asked-if-he39d-cut-pensions-or-raise-taxes-to-fund-ni-plan.webp "Rishi Sunak has refused to explain how he intends to fund a £46bn plan to abolish National Insurance – during this week’s Prime Minister’s Questions.<br/> <br/>Despite being pressed multiple times by Labour leader Sir Keir Starmer, the PM insisted his government has delivered the biggest tax cut since the 1980s. Report by Alibhaiz. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn")
_govt-in-discussion-to-finalise-progressive-wage-policy-says-sim.webp "The government will implement a pilot project to raise workers' wages and provide debt compensation on a progressive wage basis, says Steven Sim.<br/><br/>The Human Resources Minister told reporters after attending the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) Power Chat 3.0 event on Friday (April 19) that the policy aims to incentivise employers to adopt more progressive salary structures for their employees.<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline")
_jamie-lee-curtis-and-jodie-foster-at-jodie39s-hand-and-footprint-ceremony.webp "https://www.maximotv.com <br/>B-roll footage: Jamie Lee Curtis and Jodie Foster at Jodie Foster's hand and footprint ceremony at the 15th annual TCM Classic Film Festival at the TCL Chinese Theatre in Los Angeles, California, USA, on Friday, April 19, 2024. This video is only available for editorial use in all media and worldwide. To ensure compliance and proper licensing of this video, please contact us. ©MaximoTV")
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