[{"data":1,"prerenderedAt":135},["ShallowReactive",2],{"naujienos/how-lithuania-got-its-first-unicorn-while-boosting-sustainability-in-germany/en":3},{"status":4,"data":5},true,{"image":6,"id":14,"seo":15,"title":12,"date":90,"url":86,"fullUrl":26,"text":91,"excerpt":25,"more":92,"tags":133,"temos":134},{"src":7,"is_svg":8,"ratio":9,"width":10,"height":11,"alt":12,"caption":13},"https://web-prod.inovacijuagentura.lt/wp-content/uploads/2021/10/proxyclick-visitor-management-system-l90zrbwvcoe-unsplash-580x430-1.jpg",false,0.7413793103448276,580,430,"How Lithuania got its first unicorn while boosting sustainability in Germany","",7021,{"title":16,"robots":17,"og_locale":23,"og_type":24,"og_title":16,"og_description":25,"og_url":26,"og_site_name":27,"article_publisher":28,"og_image":29,"twitter_card":34,"schema":35,"breadcrumbs":78,"description":13,"language":87},"How Lithuania got its first unicorn while boosting sustainability in Germany - Inovacijų agentūra",{"index":18,"follow":19,"max-snippet":20,"max-image-preview":21,"max-video-preview":22},"index","follow","max-snippet:-1","max-image-preview:large","max-video-preview:-1","en_US","article","According to Quantilope, 49% of Germans bought gifts online for Christmas 2020. Meanwhile, data from Statista shows that 64% of these purchases were made using a smartphone or a tablet. Based on these findings, it is clear that the e-commerce market in Germany is now of paramount importance.","https://www.inovacijuagentura.lt/en/naujiena/how-lithuania-got-its-first-unicorn-while-boosting-sustainability-in-germany/","Inovacijų agentūra","https://www.facebook.com/inovacijuagentura",[30],{"width":31,"height":32,"url":7,"type":33},"580","430","image/jpeg","summary_large_image",{"@context":36,"@graph":37},"https://schema.org",[38,53,55,65,69],{"@type":39,"@id":26,"url":26,"name":16,"isPartOf":40,"primaryImageOfPage":42,"image":44,"thumbnailUrl":7,"datePublished":45,"breadcrumb":46,"inLanguage":48,"potentialAction":49},"WebPage",{"@id":41},"https://www.inovacijuagentura.lt/en/#website",{"@id":43},"https://www.inovacijuagentura.lt/en/naujiena/how-lithuania-got-its-first-unicorn-while-boosting-sustainability-in-germany/#primaryimage",{"@id":43},"2021-10-28T21:00:00+00:00",{"@id":47},"https://www.inovacijuagentura.lt/en/naujiena/how-lithuania-got-its-first-unicorn-while-boosting-sustainability-in-germany/#breadcrumb","en-US",[50],{"@type":51,"target":52},"ReadAction",[26],{"@type":54,"inLanguage":48,"@id":43,"url":7,"contentUrl":7,"width":31,"height":32,"caption":12},"ImageObject",{"@type":56,"@id":47,"itemListElement":57},"BreadcrumbList",[58,63],{"@type":59,"position":60,"name":61,"item":62},"ListItem","1","Home","https://www.inovacijuagentura.lt/en/",{"@type":59,"position":64,"name":12},"2",{"@type":66,"@id":41,"url":62,"name":27,"description":13,"publisher":67,"inLanguage":48},"WebSite",{"@id":68},"https://www.inovacijuagentura.lt/en/#organization",{"@type":70,"@id":68,"name":27,"url":62,"logo":71,"image":76,"sameAs":77},"Organization",{"@type":54,"inLanguage":48,"@id":72,"url":73,"contentUrl":73,"width":74,"height":75,"caption":27},"https://www.inovacijuagentura.lt/en/#/schema/logo/image/","https://web-prod.inovacijuagentura.lt/wp-content/uploads/2026/05/ia-logo-main.svg","1886","786",{"@id":72},[28],[79,82,85],{"url":80,"text":61,"id":81},"/en/",7576,{"url":83,"text":84},"/en/news/","News",{"url":86,"text":12,"id":14},"/en/naujiena/how-lithuania-got-its-first-unicorn-while-boosting-sustainability-in-germany/",[88],{"url":26,"code":89,"locale":89,"default":8},"en","2021-10-29","\u003Cp>This is a situation Vinted, a Lithuanian second-hand clothing marketplace, known in Germany as Kleiderkreisel, is definitely taking advantage of. Downloads of their app were more than double that of their two largest competitors, Amazon and eBay, in 2020.\u003C/p>\n\u003Cp>Lithuania’s first billion dollar company, Vinted is Europe’s largest online consumer-to-consumer platform. It has over 45M members across the globe and 300 million items listed on its sites. Of these markets, Germany is number one.\u003C/p>\n\u003Cp>Recently Vinted raised 303 million USD for its marketplace, and right now the company is valued at 4.5 billion USD. This new investment will enable an expansion of the company’s Berlin office, which is where key engineering and product development teams are located. As the enterprise intelligence company Craft.co’s estimates, Vinted has 882 employees, of whom over 50 work in Berlin.\u003C/p>\n\u003Cp>It is fair to say that Vinted would not be as big as it is without Germany. The Munich-based media company Burda has invested a double-digit million amount in Vinted. Their stake in Vinted has been held by Burda Principal Investments since 2015.\u003C/p>\n\u003Cp>As per a study by Momox,53 percent of Germans purchase second-hand clothing, with more than half of these customers women. It also shows that young people (68% are 16 to 24 years old) most often buy second-hand clothing. As a result, this c is the primary target group of Kleiderkreisel. At the same time, this demographic is increasingly concerned about sustainability issues. Vinted sees a potential sales volume of 500 billion Euros in the global second-hand clothing market.\u003C/p>\n\u003Cp>Cooperation between German investors and Lithuanian start-ups, such as Vinted, has proved mutually beneficial. Lithuania got its first unicorn company. Meanwhile, Germany is getting help needed to reach its sustainability goals. A 2015 study by Greenpeace revealed that Germans had 5.2 billion items of clothing in their homes. 40% of which they rarely or never wear. Digitization of the market, via online platforms such as Kleiderkreisel, has made second-hand fashion widely available in Germany, even without physical stores nearby.\u003C/p>\n\u003Cp>\u003Cimg loading=\"lazy\" decoding=\"async\" src=\"https://www.verslilietuva.lt/wp-content/uploads/2021/06/Es_logo-color_200px.png\" width=\"200\" alt=\"\" height=\"56\" />\u003C/p>\n\u003Ch2> \u003C/h2>\n",[93,102,111,125],{"image":94,"title":97,"url":98,"id":99,"text":100,"temos":101},{"src":95,"is_svg":8,"ratio":96,"alt":97,"caption":13},"https://web-prod.inovacijuagentura.lt/wp-content/uploads/2026/05/kosmoso-memorandumas-su-polsa.jpg",0.6669921875,"Lithuania Strengthens Cooperation with Poland and the United States in the Space Sector: Important Memorandums Signed","/en/naujiena/lithuania-strengthens-cooperation-with-poland-and-the-united-states-in-the-space-sector-important-memorandums-signed/",6748,"Lithuania’s space sector continues to strengthen international partnerships and expand cooperation with key players in the global space industry. Innovation Agency Lithuania has recently signed two significant memorandums of understanding – with the Polish Space Agency (POLSA) and the U.S. space infrastructure company Vast. These agreements open new opportunities for Lithuanian businesses, research institutions, and international projects.",[],{"image":103,"title":106,"url":107,"id":108,"text":109,"temos":110},{"src":104,"is_svg":8,"ratio":105,"alt":106,"caption":13},"https://web-prod.inovacijuagentura.lt/wp-content/uploads/2026/03/shutterstock-2539768243-1.jpg",0.7490234375,"Lithuania Ranks First in Europe in the Global Entrepreneurship Index","/en/naujiena/lithuania-ranks-first-in-europe-in-the-global-entrepreneurship-index/",6892,"The latest Global Entrepreneurship Monitor (GEM) 2025/2026 global report shows that Lithuania is the leading country in Europe in terms of the quality of its entrepreneurial environment and ranks among the world’s strongest economies in this field.",[],{"image":112,"title":114,"url":115,"id":116,"text":117,"temos":118},{"src":113,"is_svg":8,"ratio":96,"alt":114,"caption":13},"https://web-prod.inovacijuagentura.lt/wp-content/uploads/2026/01/karolina-urbonaite.jpg","Lithuania’s Startup Ecosystem Surpasses €16.4 Billion in Value: Investments Jump 1.7x in 2025","/en/naujiena/lithuanias-startup-ecosystem-surpasses-e16-4-billion-in-value-investments-jump-1-7x-in-2025/",6999,"The total value of Lithuania’s startup ecosystem reached €16.4 billion in 2025, according to the latest Dealroom report initiated by Startup Lithuania, a division of the Innovation Agency. In just one year, Lithuanian startups attracted €220 million in venture capital investments from 77 unique investors. The ecosystem’s growing maturity was further confirmed earlier this year with the addition of a new unicorn to Lithuania’s startup map — Cast AI.",[119,122],{"id":120,"name":121},577,"Growth",{"id":123,"name":124},579,"Innovation",{"image":126,"title":128,"url":129,"id":130,"text":131,"temos":132},{"src":127,"is_svg":8,"ratio":96,"alt":128,"caption":13},"https://web-prod.inovacijuagentura.lt/wp-content/uploads/2025/12/modix-fgf-3d-spausdintuvas-2.jpg","Mission-Driven Innovations: Science and Business Shaping Lithuania’s Future","/en/naujiena/mission-driven-innovations-science-and-business-shaping-lithuanias-future/",6904,"Some important scientific research activities and innovative business-developed products may sound complex – unsurprisingly, as they are developed by people who dedicate their entire lives to these fields. Yet behind these sophisticated terms lie concrete solutions that will eventually make each of our daily lives easier. Where science and business join forces, more accurate disease diagnostics for the health of us and our loved ones are developed, cybersecurity tools are created to protect the country, and climate-neutral production technologies and materials emerge to help preserve our nature and resources.",[],[],[],1780325205664]