2024-02-01 11:53:55 ET
Summary
- Groupon, Inc. has struggled in recent years, with reduced need for discounts from retailers in the aftermath of the Covid pandemic.
- New management is focused on improving cost structure and cash flow, with plans to shift to a growth focus in the near future.
- Groupon does expect to be cash flow positive in FY2024 and recently bolstered its balance sheet.
- What's ahead for Groupon, Inc. in 2024? An analysis follows in the paragraphs below.
Do not compromise on the quality and your customers will not negotiate on the price .”? Amit Kalantri.
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Groupon: Still Searching For Relevance