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_car-with-shredded-front-tyre-crashes-into-hedge.jpg "Adam Marmont has been jailed for dangerous driving.<br/><br/>Video shows him driving at double the speed limit, recklessly overtaking cars and a bus whilst the front nearside tyre was shredding, before crashing into a hedge.")
⏲ 2:6 👁 1.4M
_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 👁 1.4M
_new-policy-to-transfer-patients-from-ambulance-to-hospital-within-60minutes-comes-into-effect-in-tasmania.jpg "Ambulance Tasmania says its new 60 minute transfer of care protocol has seen some success with the majority of ambulances meeting the new target, but other medical groups remain sceptical that the protocol can be fully implemented without tackling the causes of ramping.")
⏲ 2:10 👁 3.8M
_how-fallout39s-walton-goggins-transformed-into-the-ghoul.jpg "Walton Goggins has played everything from a volatile detective on \")
⏲ 3:25 👁 4.9M
_arrowhead-game-studios-not-interested-in-turning-39helldivers-239-into-a-crossover-heavy-title-like-39fortnite39.jpg "Arrowhead is determined to prevent 'Helldivers 2' from becoming a crossover-heavy title like 'Fortnite' because it would go against the \")
⏲ 0:35 👁 2.2M
_eu-launches-probe-into-china39s-public-procurement-of-medical-devices.jpg "The European Commission has launched a probe to examine how China favours its domestic companies in tenders for medical devices and weigh possible tit-for-tat measures.")
⏲ 1:49 👁 1.1M
_gwyneth-paltrows-daughter-steals-from-her-archive-wardrobe.jpg "Revealing how her daughter is obsessed with 1990s fashion, Gwyneth Paltrow admitted her daughter Apple has stolen from an “archive” wardrobe the actress keeps at home.")
⏲ 1:34 👁 990K
_insights-into-playoff-basketball-physicality-and-strategy.jpg "Insights into Playoff Basketball: Physicality and Strategy from to incorporate air into a mixture crossword")
⏲ 1:15 👁 1.4M
_how-deep-did-osiris-rex-spacecraft39s-arm-39plunge39-into-asteroid-bennu.jpg "NASA OSIRIS-REx sample collection event at Asteroid Bennu saw the spacecraft plunge its arm into the surface. Find out how deep it went. <br/><br/>Credit: NASA Goddard Space Flight Center")
⏲ 1:24 👁 2.4M
_threat-for-severe-storms-returning-from-thursday-night-into-the-weekend.jpg "AccuWeather's Melissa Constanzer details the forecast for severe storms in the central U.S. on the final Friday of April.")
⏲ 2:47 👁 1.6M
_air-crash-investigation-s24e10-deadly-directive-hd.jpg "On 10 March 2019, Ethiopian Airlines Flight 302 crashes near the town of Bishoftu shortly after takeoff from Addis Ababa Bole International Airport, killing all 157 people on board.")
⏲ 44:3 👁 5.8M
_mundy-street-car-park-could-be-transformed-into-the-chambers-office-retail-cafe-space.jpg "Developers have revealed plans to transform a private car park into a six-storey office building.")
⏲ 0:46 👁 17M
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_car-with-shredded-front-tyre-crashes-into-hedge.webp "Adam Marmont has been jailed for dangerous driving.<br/><br/>Video shows him driving at double the speed limit, recklessly overtaking cars and a bus whilst the front nearside tyre was shredding, before crashing into a hedge.")
_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.")
_new-policy-to-transfer-patients-from-ambulance-to-hospital-within-60minutes-comes-into-effect-in-tasmania.webp "Ambulance Tasmania says its new 60 minute transfer of care protocol has seen some success with the majority of ambulances meeting the new target, but other medical groups remain sceptical that the protocol can be fully implemented without tackling the causes of ramping.")
_how-fallout39s-walton-goggins-transformed-into-the-ghoul.webp "Walton Goggins has played everything from a volatile detective on \")
_arrowhead-game-studios-not-interested-in-turning-39helldivers-239-into-a-crossover-heavy-title-like-39fortnite39.webp "Arrowhead is determined to prevent 'Helldivers 2' from becoming a crossover-heavy title like 'Fortnite' because it would go against the \")
_eu-launches-probe-into-china39s-public-procurement-of-medical-devices.webp "The European Commission has launched a probe to examine how China favours its domestic companies in tenders for medical devices and weigh possible tit-for-tat measures.")
_gwyneth-paltrows-daughter-steals-from-her-archive-wardrobe.webp "Revealing how her daughter is obsessed with 1990s fashion, Gwyneth Paltrow admitted her daughter Apple has stolen from an “archive” wardrobe the actress keeps at home.")
_insights-into-playoff-basketball-physicality-and-strategy.webp "Insights into Playoff Basketball: Physicality and Strategy from to incorporate air into a mixture crossword")
_how-deep-did-osiris-rex-spacecraft39s-arm-39plunge39-into-asteroid-bennu.webp "NASA OSIRIS-REx sample collection event at Asteroid Bennu saw the spacecraft plunge its arm into the surface. Find out how deep it went. <br/><br/>Credit: NASA Goddard Space Flight Center")
_threat-for-severe-storms-returning-from-thursday-night-into-the-weekend.webp "AccuWeather's Melissa Constanzer details the forecast for severe storms in the central U.S. on the final Friday of April.")
_air-crash-investigation-s24e10-deadly-directive-hd.webp "On 10 March 2019, Ethiopian Airlines Flight 302 crashes near the town of Bishoftu shortly after takeoff from Addis Ababa Bole International Airport, killing all 157 people on board.")
_mundy-street-car-park-could-be-transformed-into-the-chambers-office-retail-cafe-space.webp "Developers have revealed plans to transform a private car park into a six-storey office building.")
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