Local Category Stable with Nearly $350 Million in Third Quarter Billings
Groupon (NASDAQ:GRPN) issued its third quarter earnings press release today and provided details on its recent operating progress. The company is executing its turnaround strategy, which is focused on two areas: reducing its cost structure and fundamentally improving its marketplace experience to position Groupon to grow profitably in a variety of economic cycles. Based on its progress, Groupon is reiterating its targets for 2023.
The third quarter earnings materials are posted on Groupon’s Investor Relations site located at investor.groupon.com .
About Groupon
Groupon ( www.groupon.com ) (NASDAQ: GRPN) is a trusted local marketplace where consumers go to buy services and experiences that make life more interesting and deliver boundless value. To find out more about Groupon, please visit https://about.groupon.com/press .
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Investor Relations Contact(s):
Jennifer Beugelmans
Jordan Kever
Megan Petrous
ir@groupon.com
Media Relations Contact:
Nick Halliwell
press@groupon.com