For Instabee, which recently added its locker solution to players such as Sellpy and Plick, the agreement represents a further positioning towards circular commerce.
We are very pleased to partner with Vinted, a platform that shares our belief that convenient and reliable deliveries can drive smarter consumer choices. Together, we can offer an even better delivery experience while contributing to a more circular economy, says Joakim Slettengren, Chief Growth Officer at Instabee Group.
Vinted has invested in its own infrastructure solutions for shipping and payment in recent years to lower transaction costs. According to Vinted, smooth deliveries are crucial to getting more consumers to choose second-hand over newly produced:
Our mission is to make second-hand the first choice. Smooth deliveries are a central part of that journey, and the collaboration with Instabee on efficient and reliable delivery solutions strengthens the experience we offer our growing community, says Dovilė Riškutė, Senior Director of Business Development and Operations at Vinted Go.
Billion Turnover and Decreased Result
The new logistics agreement is signed during a phase of expansion for Vinted.
The company's annual accounts for 2025 show that turnover increased by 38 percent to SEK 12 billion (EUR 1.1 billion). At the same time, the costs of geographical expansion and technology investments are visible on the bottom line. Operating profit decreased by 5 percent and landed at EUR 151 million.
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Despite a lower result, the company is financially strong. In the spring, a share sale, led by the investment company EQT, gave Vinted a valuation of SEK 86 billion.