2024-02-05 11:56:44 ET
Summary
- Groupon experienced a 12.41% YoY decline in revenue in Q3'23, but saw a 26.44% increase in net income.
- The company is focused on returning to basics, strengthening its operational model, and revitalizing its digital marketplace.
- Groupon's stock has outperformed the wider industry and the broader market, but its debt load makes its position more difficult.
Groupon ( GRPN ) is a Chicago, Illinois-based global e-commerce marketplace which operates across 13 countries, leveraging group-buying power to support consumer choice and options....
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Groupon: Debt Heavy But With A Bright Future