The Lithuanian second-hand marketplace Vinted announces an important change in corporate management. After almost eight years in the company, Elena Vegelytė is appointed head of the legal department. This significant development happens at a time when the Vinted Group is expanding strongly.
“I always believed that as a lawyer it is not about saying what is not possible, but creative ways to move things,” wrote Elena Vegelytė. She announced her appointment in a contribution on her LinkedIn profile. The right -wing expert has more than 15 years of experience in the areas of law, taxes and risk management in Europe and North America. It brings a profound knowledge of the regulation of platforms.
The new Justiceist has already worked in three departments at Vinted. It states to have “mastered a number of crises”. She also had the chance to help shape some of the company’s largest milestones “.
As a judiciary, or General Counsel, Elena Vegelytė will ensure compliance with the applicable laws. It will also defend the company’s legal interests.
In 2024, the Vinted Group’s turnover rose by 36 percent to 813.4 million euros compared to 2023. The net profit recorded growth of 330 percent in the year. Last April, the company announced that it would continue to invest in the expansion of categories and geographical areas. Vinted Go shipping services and the geographical expansion are also to be funded. The company also founded its investment company Vinted Ventures. This structure is dedicated to the support of start-ups in the re-commerce area.
This article was used with digital tools translated.
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