Highest valued e-commerce startup companies in Europe 2023

Published by
Koen van Gelder,
Jan 31, 2024

Back market, a French marketplace, was the most valuable e-commerce and direct-to-consumer unicorn in Europe as of December 2023. The platform for refurbished consumer electronics was worth 5.7 billion U.S. dollars. Two other startups completed the podium: RELEX and Vinted, estimated at 5.7 billion and 4.5 billion dollars, respectively.

Most valued e-commerce and direct-to-consumer unicorns in Europe as of December 2023 (in billion U.S. dollars)

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Release date

January 2024

Region

Europe

Survey time period

as of December 2023

Supplementary notes

A unicorn company is a privately owned startup that has a current valuation of one billion U.S. dollars or over. Once a company has gone public (IPO) or has been acquired it is no longer termed as a unicorn.

Where companies crossed industries, the major category was used as determined by the source. Where companies have multiple countries listed the country of headquarters has been used.

Release date is date of access.

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