Wallapop thought it had conquered Spain's second-hand market. Until Vinted appeared

Vinted and Wallapop are the two leading second-hand marketplaces in Spain, but they grew from very different ideas and business models.

Wallapop, founded in Barcelona in 2013, focused on nearby in-person exchanges and later added shipping and visibility tools to monetize.

Vinted started in Lithuania in 2008 as a closet-cleanout app, expanded across Europe, and removed seller fees in 2023.

In 2024 and 2025, Vinted scaled much faster: 2024 revenue was €813 million with €76.7 million profit, then €1.1 billion in 2025 revenue, versus Wallapop’s €101 million revenue and €25 million loss in 2024.