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Sellpy

Full company profile

uuid0002d8p

Namestring
Sellpy
Legal namestring
Sellhelp AB
Websiteurl
sellpy.se
Company typeenum
Private
Founded yearint
2014
Descriptiontext

Sellpy is a Stockholm-based second-hand fashion and lifestyle marketplace, founded in 2014 and majority-owned by H&M Group, that enables individual consumers in Sweden to sell unwanted clothing, accessories, beauty products, and general merchandise by ordering pre-paid shipping bags (first bag free, subsequent bags 19 SEK). The company catalogs, condition-verifies, photographs, prices, lists, and ships items on behalf of sellers, then sells them through its own consumer-facing website, iOS/Android apps, and influencer-operated pop-up storefronts. Its technology stack centers on an in-house PhotoRobot cataloging system, item-level condition verification, and integrations with Swedish logistics carriers (Postnord, CityMail, Airmee, Instabox, Budbee) and payment providers (Klarna, Swish, Visa, Mastercard, Amex, PayPal, Apple Pay, Google Pay). Product surface spans a core C2C/B2C marketplace, a Sellpy First subscription at 10 SEK per month, a Premium Selection for luxury items, a Sista Chansen clearance tier under 40 SEK, a Sellpy Circle seller loyalty program, a B2B Corporate Sales channel, and 40+ influencer pop-up shops. The business model combines a transaction/commission take rate on each resale with a low-friction recurring subscription, generating €160M of turnover in 2024 (up 35% YoY) against a headcount of 51–100. Sellpy has been ranked among Europe's top 10 sustainable re-commerce marketplaces by FashionNetwork and in Cross-Border Commerce Europe's Top 100 Sustainable Marketplaces (December 2025), and is currently subject to a Swedish Consumer Agency investigation launched in December 2025 over contract terms and missing garments.

Short descriptiontext

Sellpy is a Stockholm-based, H&M Group-owned online second-hand marketplace enabling Swedish consumers to sell pre-owned fashion and lifestyle goods via pre-paid bags, with condition verification, influencer pop-up shops, and a subscription tier.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersStockholm, Sweden
HQ citystring
Stockholm
HQ countrystring
Sweden
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
second-hand fashion marketplace, online recommerce platform, circular economy retail, pre-owned clothing resale, consignment apparel marketplace
Industry1 code
1Luxury & Designer Resale
CodeCRAFAGABPrimaryYes
NAICS code2 codes
  • Used Merchandise Retailers4595
  • Clothing and Clothing Accessories Retailers458110
SIC code2 codes
  • Retail-Apparel & Accessory Stores5600
  • Retail-Nonstore Retailers5960
Product category
Second-hand Fashion Recommerce
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Marketplace Commission / Transaction Fees
TypeTransaction Fee
Description

Sellpy takes a commission on each item sold through its marketplace platform. Sellers pay a small fee per bag (19 SEK after the first free bag) and receive payment for items sold minus platform fees.

asustainablecloset.com
2Subscription Revenue (Sellpy First)
TypeSubscription Recurring
Description

Premium subscription service at 10 SEK offering faster order handling and express sorting benefits to drive customer loyalty and recurring revenue.

asustainablecloset.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Operations, Supply Chain, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
Pricing details3 tiers
1First Sellpy bag is free for sellers; subsequent bags cost 19 SEK each.
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Sellers order Sellpy bags to ship their second-hand items. First bag is free, additional bags 19 SEK each.

sellpy.se
2Consumer marketplace with items priced from 29 SEK to several thousand SEK depending on brand and condition.
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

Items range from budget 'Sista chansen' (last chance) items under 40 SEK to premium luxury brands like Gucci, Prada, Chanel at thousands of SEK.

sellpy.se
3Premium subscription at 10 SEK offering faster order processing and express sorting.
ModelSubscriptionBilling cadenceMonthly
Notes

Sellpy First subscription provides expedited handling benefits for 10 SEK monthly.

sellpy.se
GTM typeB2C
B2C
Offering typeDigital Commerce or Conte…
Digital Commerce or Content
Core offering1 text field

Sellpy operates an online second-hand recommerce marketplace in Sweden where individual consumers can sell pre-owned clothing, accessories, beauty products, and household goods by ordering Sellpy bags (first bag free, subsequent bags 19 SEK), which are then shipped to Sellpy for cataloging, condition verification, photographing, and listing. Buyers can shop millions of items ranging from budget finds under 40 SEK to premium luxury brands such as Gucci, Prada, and Chanel via the website (sellpy.se) and iOS/Android mobile apps, with delivery handled through integrated Swedish logistics partners (Postnord, CityMail, Airmee, Instabox, Budbee) and payments processed via Klarna, Swish, Visa, Mastercard, Amex, PayPal, Apple Pay, and Google Pay.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Sellpy operates as a unified online second-hand marketplace offering multiple integrated product lines: the core Sellpy Marketplace enables peer-to-peer buying and selling of pre-owned fashion, accessories, beauty products, and household goods. The platform is enhanced by premium subscription service Sellpy First, curated collections including Premium Selection (luxury items) and Sista Chansen (clearance under 40 SEK), influencer-operated Pop-up Shops, B2B corporate resale services, and a loyalty program called Sellpy Circle. A mobile app extends access to the marketplace across iOS and Android devices. All offerings share the same platform infrastructure with integrated payment processing (Klarna, Swish, Visa, Mastercard, PayPal, ApplePay, GooglePay) and logistics delivery options (Postnord, Budbee, Instabox, Airmee, CityMail).

Product and service10 records
1Sellpy Marketplace
CategoryRecommerce Marketplace
Description

Core consumer-facing recommerce platform where individuals send in second-hand items via Sellpy bags and purchase pre-owned clothing, shoes, accessories, beauty products, and home goods with verified condition, 30-day returns, and prices from 29 SEK to several thousand SEK.

2Sellpy First
CategorySubscription Service
Description

Premium subscription service priced at 10 SEK per month providing faster order processing, express sorting, and exclusive subscriber benefits on the Sellpy marketplace.

3Sellpy Mobile App
CategoryMobile Application
Description

Native iOS and Android shopping application providing optimized mobile access to the Sellpy marketplace with push notification capabilities and millions of second-hand listings.

4Sellpy Bags (Sell-by-Mail Service)
CategoryLogistics / Intake Service
Description

Prepaid bag service (first bag free, additional bags 19 SEK each) allowing consumers to easily pack and ship unwanted clothing and household items to Sellpy for cataloging and resale.

5Influencer Pop-up Shops
CategoryCurated Marketplace Feature
Description

Curated marketplace storefronts created in collaboration with over 40 Swedish influencers who select and feature their favorite second-hand fashion picks on the platform.

6Premium Selection
CategoryCurated Marketplace Feature
Description

Curated collection of quality-controlled luxury and designer second-hand items from premium brands such as Gucci, Prada, and Chanel, priced in the thousands of SEK.

7Sista Chansen (Last Chance) and Sänkt Pris (Reduced Price)
CategoryDiscounted Marketplace Feature
Description

Clearance section with items priced under 40 SEK that are scheduled for donation to charity or recycling, plus a daily deals section featuring recently discounted items across all categories.

8Sellpy Circle
CategoryLoyalty Program
Description

Seller loyalty program offering benefits and rewards for repeat individual sellers who consistently use the platform to offload pre-owned items.

9Corporate Sales (B2B)
CategoryBusiness Resale Service
Description

Enterprise resale service enabling companies and brands to sell excess or second-hand inventory through Sellpy's marketplace platform and logistics infrastructure.

10Beyond Retro Collection (Vintage Archive)
CategoryCurated Marketplace Feature
Description

Curated vintage fashion collection launched in collaboration with Beyond Retro, adding branded vintage second-hand items to Sellpy's curated marketplace offerings.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership8 partners
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2025-12-18
Description

Cross-Border Commerce Europe included Sellpy in their fifth edition 'Top 100 Cross-Border Sustainable Marketplaces Europe' report. The study assessed marketplaces on cross-border sales, SEO performance, geographic reach, and 12 sustainability KPIs.

Strategic tierCoreTypeTechnology or Integration
Description

Swedish postal and logistics partner handling package delivery for Sellpy orders.

Strategic tierCoreTypeTechnology or Integration
Description

Swedish mail and logistics service partner for order delivery.

Strategic tierCoreTypeTechnology or Integration
Description

Swedish parcel locker and delivery service partner enabling flexible delivery options.

Strategic tierCoreTypeTechnology or Integration
Description

Swedish sustainable delivery service partner for order fulfillment.

Strategic tierCoreTypeTechnology or Integration
Description

Swedish delivery service partner for order logistics.

Strategic tierCoreTypeTechnology or Integration
Description

Payment provider offering buy-now-pay-later options for customers.

8Swedish Influencers (40+)
Strategic tierCoreTypeGTM or Marketing Partner
Description

Sellpy hosts pop-up shops featuring Swedish influencers including Therése Lindgren, Lovisa Worge, Ida Zeile, Maya Parnevik, and many others who curate collections and promote the platform.

sellpy.se
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Social commerce marketplace for new and pre-owned fashion in North America. Comparable peer-to-peer fashion resale model with social/sharing features.

TypeDirect peer
Description

Pan-European C2C second-hand fashion marketplace operating across 20+ markets. Direct competitor to Sellpy in mass-market apparel resale, with broader geographic footprint and similar bag-based seller flow.

TypeDirect peer
Description

Global luxury and designer fashion resale marketplace. Directly comparable to Sellpy's Premium Selection business (Gucci, Prada, Chanel tier), with authentication and global cross-border shipping.

TypeDirect peer
Description

Peer-to-peer fashion resale marketplace owned by Etsy, popular with Gen Z. Comparable peer-to-peer model to Sellpy but skews younger and more trend-driven.

TypeDirect peer
Description

US-based online thrift and consignment platform with managed resale operations. Comparable to Sellpy in handling reverse logistics and condition verification, though operating primarily in North America.

TypeDirect peer
Description

Online luxury consignment marketplace with authentication services. Directly comparable to Sellpy's Premium Selection and consignment-led model for luxury brands.

TypeBroad incumbent
Description

Global e-commerce marketplace with significant second-hand fashion resale. Broader incumbent that competes in the same sustainable re-commerce rankings as Sellpy, but offers a much wider product portfolio.

TypeEmerging player
Description

UK-based vintage and curated second-hand fashion retailer with both online and physical stores. Sellpy's 2026 partnership partner for vintage archive launch, making it a direct comparable in curated vintage resale.

TypeBroad incumbent
Description

Leading European fashion platform that has launched Zircle, its own recommerce/pre-owned program. Competes with Sellpy for European fashion resale share with broader new-retail platform.

TypeDirect peer
Description

Online peer-to-peer marketplace for buying and selling pre-owned designer fashion, particularly women's. Comparable to Sellpy's women-focused resale segment and luxury designer focus.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile6 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration13 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds7 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors4 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Sellpy

Second-hand Fashion Recommercesellpy.se

Sellpy is a Stockholm-based, H&M Group-owned online second-hand marketplace enabling Swedish consumers to sell pre-owned fashion and lifestyle goods via pre-paid bags, with condition verification, influencer pop-up shops, and a subscription tier.

What Sellpy does

Sellpy is a Stockholm-based second-hand fashion and lifestyle marketplace, founded in 2014 and majority-owned by H&M Group, that enables individual consumers in Sweden to sell unwanted clothing, accessories, beauty products, and general merchandise by ordering pre-paid shipping bags (first bag free, subsequent bags 19 SEK). The company catalogs, condition-verifies, photographs, prices, lists, and ships items on behalf of sellers, then sells them through its own consumer-facing website, iOS/Android apps, and influencer-operated pop-up storefronts. Its technology stack centers on an in-house PhotoRobot cataloging system, item-level condition verification, and integrations with Swedish logistics carriers (Postnord, CityMail, Airmee, Instabox, Budbee) and payment providers (Klarna, Swish, Visa, Mastercard, Amex, PayPal, Apple Pay, Google Pay). Product surface spans a core C2C/B2C marketplace, a Sellpy First subscription at 10 SEK per month, a Premium Selection for luxury items, a Sista Chansen clearance tier under 40 SEK, a Sellpy Circle seller loyalty program, a B2B Corporate Sales channel, and 40+ influencer pop-up shops. The business model combines a transaction/commission take rate on each resale with a low-friction recurring subscription, generating €160M of turnover in 2024 (up 35% YoY) against a headcount of 51–100. Sellpy has been ranked among Europe's top 10 sustainable re-commerce marketplaces by FashionNetwork and in Cross-Border Commerce Europe's Top 100 Sustainable Marketplaces (December 2025), and is currently subject to a Swedish Consumer Agency investigation launched in December 2025 over contract terms and missing garments.

Sellpy firmographics

Firmographics
Name
Sellpy
Legal name
Sellhelp AB
Website
https://sellpy.se
Company type
Private
Founded year
2014
Operating status
Operating
Headcount range
51–100 employees
Short description
Sellpy is a Stockholm-based, H&M Group-owned online second-hand marketplace enabling Swedish consumers to sell pre-owned fashion and lifestyle goods via pre-paid bags, with condition verification, influencer pop-up shops, and a subscription tier.
Ownership category
akta.pro rank

Sellpy industry classification

Industry
Product category
Second-hand Fashion Recommerce
NAICS
Used Merchandise Retailers (4595), Clothing and Clothing Accessories Retailers (458110)
SIC
Retail-Apparel & Accessory Stores (5600), Retail-Nonstore Retailers (5960)
akta.pro primary industry
Luxury & Designer Resale (CRAFAGAB)

Keywords

  • Second-hand fashion marketplace
  • Online recommerce platform
  • Circular economy retail
  • Pre-owned clothing resale
  • Consignment apparel marketplace

Where Sellpy is headquartered

Location

Headquarters

HQ city
Stockholm
HQ country
Sweden
HQ region
Europe

Offices1 record

Markets served

Sellpy business model

Business model
GTM type
B2C
Offering type
Digital Commerce or Content
Cost components
Operations, Supply Chain, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. Marketplace Commission / Transaction Fees: Sellpy takes a commission on each item sold through its marketplace platform. Sellers pay a small fee per bag (19 SEK after the first free bag) and receive payment for items sold minus platform fees.
  2. Subscription Revenue (Sellpy First): Premium subscription service at 10 SEK offering faster order handling and express sorting benefits to drive customer loyalty and recurring revenue.

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goFirst Sellpy bag is free for sellers; subsequent bags cost 19 SEK each.
Transaction based/ take ratePay-as-you-goConsumer marketplace with items priced from 29 SEK to several thousand SEK depending on brand and condition.
SubscriptionMonthlyPremium subscription at 10 SEK offering faster order processing and express sorting.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Sellpy product offering

Product offering

Core offering

Sellpy operates an online second-hand recommerce marketplace in Sweden where individual consumers can sell pre-owned clothing, accessories, beauty products, and household goods by ordering Sellpy bags (first bag free, subsequent bags 19 SEK), which are then shipped to Sellpy for cataloging, condition verification, photographing, and listing. Buyers can shop millions of items ranging from budget finds under 40 SEK to premium luxury brands such as Gucci, Prada, and Chanel via the website (sellpy.se) and iOS/Android mobile apps, with delivery handled through integrated Swedish logistics partners (Postnord, CityMail, Airmee, Instabox, Budbee) and payments processed via Klarna, Swish, Visa, Mastercard, Amex, PayPal, Apple Pay, and Google Pay.

Product overview

Sellpy operates as a unified online second-hand marketplace offering multiple integrated product lines: the core Sellpy Marketplace enables peer-to-peer buying and selling of pre-owned fashion, accessories, beauty products, and household goods. The platform is enhanced by premium subscription service Sellpy First, curated collections including Premium Selection (luxury items) and Sista Chansen (clearance under 40 SEK), influencer-operated Pop-up Shops, B2B corporate resale services, and a loyalty program called Sellpy Circle. A mobile app extends access to the marketplace across iOS and Android devices. All offerings share the same platform infrastructure with integrated payment processing (Klarna, Swish, Visa, Mastercard, PayPal, ApplePay, GooglePay) and logistics delivery options (Postnord, Budbee, Instabox, Airmee, CityMail).

Differentiator

Problem solved

Functional benefit

Products and services

  • Sellpy Marketplace Core consumer-facing recommerce platform where individuals send in second-hand items via Sellpy bags and purchase pre-owned clothing, shoes, accessories, beauty products, and home goods with verified condition, 30-day returns, and prices from 29 SEK to several thousand SEK.
  • Sellpy First Premium subscription service priced at 10 SEK per month providing faster order processing, express sorting, and exclusive subscriber benefits on the Sellpy marketplace.
  • Sellpy Mobile App Native iOS and Android shopping application providing optimized mobile access to the Sellpy marketplace with push notification capabilities and millions of second-hand listings.
  • Sellpy Bags (Sell-by-Mail Service) Prepaid bag service (first bag free, additional bags 19 SEK each) allowing consumers to easily pack and ship unwanted clothing and household items to Sellpy for cataloging and resale.
  • Influencer Pop-up Shops Curated marketplace storefronts created in collaboration with over 40 Swedish influencers who select and feature their favorite second-hand fashion picks on the platform.
  • Premium Selection Curated collection of quality-controlled luxury and designer second-hand items from premium brands such as Gucci, Prada, and Chanel, priced in the thousands of SEK.
  • Sista Chansen (Last Chance) and Sänkt Pris (Reduced Price) Clearance section with items priced under 40 SEK that are scheduled for donation to charity or recycling, plus a daily deals section featuring recently discounted items across all categories.
  • Sellpy Circle Seller loyalty program offering benefits and rewards for repeat individual sellers who consistently use the platform to offload pre-owned items.
  • Corporate Sales (B2B) Enterprise resale service enabling companies and brands to sell excess or second-hand inventory through Sellpy's marketplace platform and logistics infrastructure.
  • Beyond Retro Collection (Vintage Archive) Curated vintage fashion collection launched in collaboration with Beyond Retro, adding branded vintage second-hand items to Sellpy's curated marketplace offerings.

Companies that use Sellpy

Customer profile

Segments5 records

Ideal customer profiles6 records

Sellpy technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration13 records

Feature4 records

Sellpy partnerships and signals

Strategic signal

Partnerships

Eight partnerships are on record, tiered minor and core.

  • Cross-Border Commerce EuropeminorStrategic or Co-development Partner · 18 December 2025Cross-Border Commerce Europe included Sellpy in their fifth edition 'Top 100 Cross-Border Sustainable Marketplaces Europe' report. The study assessed marketplaces on cross-border sales, SEO performance, geographic reach, and 12 sustainability KPIs.
  • PostnordcoreTechnology or IntegrationSwedish postal and logistics partner handling package delivery for Sellpy orders.
  • CityMailcoreTechnology or IntegrationSwedish mail and logistics service partner for order delivery.
  • InstaboxcoreTechnology or IntegrationSwedish parcel locker and delivery service partner enabling flexible delivery options.
  • BudbeecoreTechnology or IntegrationSwedish sustainable delivery service partner for order fulfillment.
  • AirmeecoreTechnology or IntegrationSwedish delivery service partner for order logistics.
  • KlarnacoreTechnology or IntegrationPayment provider offering buy-now-pay-later options for customers.
  • Swedish Influencers (40+)coreGTM or Marketing PartnerSellpy hosts pop-up shops featuring Swedish influencers including Therése Lindgren, Lovisa Worge, Ida Zeile, Maya Parnevik, and many others who curate collections and promote the platform.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Sellpy competitors and assessment

Company assessment

Direct peers

  • Poshmark: Social commerce marketplace for new and pre-owned fashion in North America. Comparable peer-to-peer fashion resale model with social/sharing features.
  • Vinted: Pan-European C2C second-hand fashion marketplace operating across 20+ markets. Direct competitor to Sellpy in mass-market apparel resale, with broader geographic footprint and similar bag-based seller flow.
  • Vestiaire Collective: Global luxury and designer fashion resale marketplace. Directly comparable to Sellpy's Premium Selection business (Gucci, Prada, Chanel tier), with authentication and global cross-border shipping.
  • Depop: Peer-to-peer fashion resale marketplace owned by Etsy, popular with Gen Z. Comparable peer-to-peer model to Sellpy but skews younger and more trend-driven.
  • ThredUp: US-based online thrift and consignment platform with managed resale operations. Comparable to Sellpy in handling reverse logistics and condition verification, though operating primarily in North America.
  • The RealReal: Online luxury consignment marketplace with authentication services. Directly comparable to Sellpy's Premium Selection and consignment-led model for luxury brands.
  • Tradesy: Online peer-to-peer marketplace for buying and selling pre-owned designer fashion, particularly women's. Comparable to Sellpy's women-focused resale segment and luxury designer focus.

Broad incumbents

  • eBay: Global e-commerce marketplace with significant second-hand fashion resale. Broader incumbent that competes in the same sustainable re-commerce rankings as Sellpy, but offers a much wider product portfolio.
  • Zalando: Leading European fashion platform that has launched Zircle, its own recommerce/pre-owned program. Competes with Sellpy for European fashion resale share with broader new-retail platform.

Emerging players

  • Beyond Retro: UK-based vintage and curated second-hand fashion retailer with both online and physical stores. Sellpy's 2026 partnership partner for vintage archive launch, making it a direct comparable in curated vintage resale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Sellpy social profiles

Digital presence

Sellpy financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Sellpy leadership team

Management profile

Number of profiles

Profiles4 records

Sellpy funding detail

Funding detail

Funding overview

Funding rounds7 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Sellpy M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sellpy

What does Sellpy do?

Sellpy operates an online second-hand recommerce marketplace in Sweden where individual consumers can sell pre-owned clothing, accessories, beauty products, and household goods by ordering Sellpy bags (first bag free, subsequent bags 19 SEK), which are then shipped to Sellpy for cataloging, condition verification, photographing, and listing. Buyers can shop millions of items ranging from budget finds under 40 SEK to premium luxury brands such as Gucci, Prada, and Chanel via the website (sellpy.se) and iOS/Android mobile apps, with delivery handled through integrated Swedish logistics partners (Postnord, CityMail, Airmee, Instabox, Budbee) and payments processed via Klarna, Swish, Visa, Mastercard, Amex, PayPal, Apple Pay, and Google Pay.

Is Sellpy a public or private company?

Sellpy is a private company. It is classified as corporate owned and is currently operating.

When was Sellpy founded?

Sellpy was founded in 2014. It employs 51 to 100 people.

Where is Sellpy based?

Sellpy is headquartered in Stockholm, Sweden, in the Europe region.

How does Sellpy make money?

Two revenue lines are on record. Marketplace Commission / Transaction Fees are the primary driver. The others are subscription Revenue (Sellpy First).

Who are Sellpy's main competitors?

Direct peers on record are Poshmark, Vinted, Vestiaire Collective, Depop, ThredUp, The RealReal and Tradesy. Broad incumbents are eBay and Zalando. Beyond Retro is listed as an emerging player.

Does Sellpy have an API?

No public API is recorded for Sellpy.

What industry is Sellpy in?

Sellpy's product category is Second-hand Fashion Recommerce. Its primary akta.pro industry code is CRAFAGAB, Luxury & Designer Resale. Its NAICS code is 4595 and its SIC code is 5600.

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Tech TimesSellpy Lost $17 Million Last Year: H&M Cannot Fix Economics of Cheap ClothesSellpy, H&M's fully managed resale platform, generated over 2 billion Swedish kronor in revenue but lost 168 million kronor in its fiscal year, more than double the prior loss. The loss stems from processing costs exceeding sale prices for cheap fast-fashion items. H&M has extended loans and share issuances, but the structural economics remain unresolved.BloombergH&M’s Sellpy Used-Clothing Unit Struggles to Reach Profitability - BloombergSellpy, an H&M-owned used-clothing retailer, operates warehouses across Europe where over 20 million items passed through last year. The company, 82% owned by H&M, charges about €3 for a bag to cover shipping and handles the rest. The article does not disclose profitability figures.Nate팔수록 밑지는 중고의류…딜레마 빠진 H&M의 선택은[박시진의 글로벌 픽] : 네이트 뉴스H&M holds an 82% stake in secondhand clothing retailer Sellpy, which has lost money for 12 years. Analysts warn Sellpy's secondhand business could cannibalize H&M's core apparel sales. Sellpy uses AI for product descriptions but still faces structural cost disadvantages.A Sustainable Closet5 Platforms To Sell Your Clothes — A Sustainable ClosetThe article discusses five platforms—Vinted, ThredUP, Sellpy, Vestiaire Collective, and The Real Real—that enable individuals to sell their clothes to promote sustainability, declutter, and save money. These platforms offer various features, including hassle-free selling, luxury item authentication, and a focus on environmentally friendly practices.MarketScreenerSwedish Consumer Agency Launches Investigation into SellpyThe Swedish Consumer Agency has initiated a supervisory case against Sellpy, a second-hand platform, due to inadequate contract terms, while also seeking answers regarding missing garments. The investigation was revealed after SvD Näringsliv obtained a letter sent to the company. Sellpy has been majority-owned by H&M since 2019.EllenmacarthurfoundationEp 187: How H&M Group is exploring circular business models in The Fashion ReModelThe Ellen MacArthur Foundation's Fashion ReModel project, a three-year initiative launched in May 2024, is helping fashion companies including H&M Group explore circular business models such as resale, rental, repair, and remaking to decouple revenue from new production. H&M Group disclosed that circular business models, primarily through its majority-owned Sellpy resale platform operating across 24 European markets, generated 0.6% of total group revenue in 2024, doubling from 0.3% in 2022, though profit margins remain lower than traditional linear models. The Fashion ReModel involves 13 participants including Arc'teryx, Decathlon, eBay, John Lewis, Primark, Reformation, Tapestry, and Zalando, with H&M Group planning to apply learnings across its portfolio of brands including H&M, COS, ARKET, Weekday, and Other Stories.EllenmacarthurfoundationMaking the case that circular business models deliver financial benefits to my businessThe article discusses the financial benefits of circular business models, emphasizing their role in strategic advantage, increased revenue, and profitability, with examples from Vinted and Sellpy. It highlights the importance of metrics like ROI and revenue growth to quantify these benefits.FashionUnitedEverything that has shaken up the second-hand sector in recent monthsA report outlines the rapid growth of the second-hand fashion market, with EU27+ forecasts placing second-hand clothing at three billion euros in GDP by 2023. It cites Vestiaire Collective, Vinted and Sellpy, plus H&M's expansion of its Pr\u00e9-Loved concept, and Vinted's October secondary share sale for 340 million euros. It also notes eBay's 1.2 million-dollar investment in small businesses and the rising demand for authentication experts.PurelondonWhy Retailers Should Invest In The Resale MarketAn opinion piece argues that retailers should invest in the resale market, citing ThredUp forecasts that secondhand clothing sales will reach $77 billion by 205, accounting for roughly 10% of global apparel sales. It notes 63% of secondhand buyers in 2023 shopped online, up 17% from 2022, and that Zara's 'Pre-owned' platform and H&M's Sellpy partnership raised resale revenue by 85%.BenzingaFashion Retailer H&M Reports 12% Top-Line Growth In Q1; Reports Delay In Start Of Spring Season In Many MSwedish fashion retailer H&M reported 12% year-on-year sales growth to SEK 54.87 billion in Q1 FY23, with an operating margin of 1.3% generating SEK 725 million in operating profit, though excluding Russia, Belarus and Ukraine the growth was 16% in SEK terms. The company also consolidated second-hand platform Sellpy into the group and noted that cold weather has delayed the spring season in many key markets. CEO Helena Helmersson expressed confidence in achieving the company's target of a 10% operating margin next year.