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Vinted blocks French looters listing stolen goods for sale

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Core Development: Vinted blocks French looters listing stolen goods for sale
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Market & Financial Impact: The platform said since the weekend it had "taken immediate action to idenitify and remove listings linked to looting".
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

Vinted says it has removed listings of items believed to have been looted from shops during the ongoing riots in France.

The second hand re-selling platform said following the weekend's disorder it had "taken immediate action to identify and remove listings linked to looting".

Shops across several French cities were broken into and ransacked during the outbreak of riots over the weekend.

"The sale of stolen goods, or soliciting them, is strictly prohibited on Vinted, and we have zero tolerance for it," a spokesperson for the company said.

Widespread looting was reported across Paris, Marseille and Lille, as well as other areas after protests against the cost of living and public spending turned into riots, leading to the arrests of at least 1,200 people.

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Official Publisher Attribution: This report is aggregated from Bloomberg. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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