Welcome to our dedicated page for Groupon news (Ticker: GRPN), a resource for investors and traders seeking the latest updates and insights on Groupon stock.
Groupon Inc (GRPN) operates a global digital marketplace connecting consumers with local merchants through discounted deals and experiences. This news hub provides investors and stakeholders with essential updates about the company's strategic initiatives, financial performance, and market position.
Access timely GRPN press releases, earnings reports, and corporate announcements in one centralized location. Our curated collection helps track developments in merchant partnerships, digital commerce innovations, and operational changes impacting the local deals ecosystem.
Key updates include quarterly financial results, leadership changes, platform enhancements, and partnership announcements. Monitor GRPN's progress in balancing consumer value with merchant growth strategies across North American and international markets.
Bookmark this page for ongoing access to verified Groupon news. Check regularly for updates on initiatives shaping the future of local commerce and digital discount markets.
Recharge, the European prepaid payments leader, has acquired Giftcloud from Groupon (NASDAQ: GRPN), marking its strategic expansion into the B2B digital rewards market. The acquisition follows Recharge's recent €45M facility with ABN AMRO for M&A activities.
Giftcloud, which powers customer and employee engagement campaigns for major UK brands like Vodafone, Sky, and TalkTalk, processes millions of transactions annually and maintains strong profitability. This acquisition represents Recharge's second major purchase following Startselect in 2023.
The deal positions the UK as Recharge's third-largest market and serves as a launchpad for further European B2B growth. Through this acquisition, Recharge aims to enhance its corporate prepaid offering and expand its services directly to business clients.
Groupon (NASDAQ: GRPN) has released its Q4 and fiscal year 2024 financial results, highlighting a successful transformation strategy. North America Local performance showed mixed results with Q4 Local Revenue remaining flat while Local Billings increased by 8%. For the full year 2024, Local Revenue grew 1% with Local Billings up 3%.
The company achieved significant cash flow milestones, reporting positive trailing twelve-month operating cash flow of $55.9 million and Free Cash Flow of $40.6 million, marking the first positive free cash flow since the post-pandemic period. Following a challenging Q3, the company demonstrated recovery in Q4 2024, positioning itself for potential growth acceleration in 2025.
Groupon (NASDAQ: GRPN) has scheduled the release of its fourth quarter and full year 2024 financial results after market close on Tuesday, March 11, 2025. The company will hold a conference call on Wednesday, March 12, 2025, at 8:00am ET to discuss the results.
Investors can submit questions via email to ir@groupon.com. The conference call will be accessible through a live webcast at investor.groupon.com, where a replay and additional materials will be available afterward.
Groupon (NASDAQ: GRPN) has announced a $197 million financing transaction involving two key components: (1) An exchange of approximately $176.26 million of existing 1.125% Convertible Senior Notes due 2026 for new 6.25% Convertible Senior Secured Notes due 2027, and (2) The issuance of $21 million in new 2027 Notes for $20 million in cash proceeds. The new notes will have an initial conversion rate of 33.333 shares per $1,000 principal amount, equivalent to approximately $30 per share, representing a 184% premium over recent trading prices. The notes will be secured by first-priority interest in substantially all company assets and guaranteed by certain wholly-owned domestic subsidiaries.
Groupon (NASDAQ: GRPN) reported Q3 2024 results with revenue at the low-end of guidance, while EBITDA exceeded the high-end of guidance. The company's International Local revenue declined 13%, though excluding Italy, the decline was to 2%. Notable achievements include completing the rollout of their new front-end platform across 100% of North America mobile web and desktop traffic. The company also announced a $197 million financing transaction. Management expressed optimism about the company's transformation progress, highlighting positive responses to new features like gifting and video content.
Groupon (NASDAQ: GRPN) has scheduled the release of its third quarter 2024 financial results for Tuesday, November 12, 2024, after market close. The company will host a conference call to discuss the results at 5:00pm ET. Investors can access the live webcast at investor.groupon.com, where a replay and additional materials will be available after the call.
Groupon (NASDAQ: GRPN) reported its Q2 2024 financial results, highlighting positive developments in key areas. The company saw a 7% growth in North America Local revenues compared to the previous year. Groupon achieved positive operating cash flow of $15 million and Free Cash Flow of $11 million for the quarter. On a trailing twelve-month basis, operating cash flow reached $46 million with Free Cash Flow of $30 million. Notably, Q2 revenue exceeded the high-end of guidance.
CEO Dusan Senkypl expressed confidence in the company's transformation, despite ongoing challenges such as site reliability. He emphasized Groupon's mission to become the ultimate destination for local experiences and services.
Groupon (NASDAQ: GRPN) has announced the release date for its second quarter 2024 financial results. The company will unveil its Q2 2024 performance after market close on Tuesday, July 30, 2024. Following the release, Groupon will host a conference call at 5:00pm ET to discuss the results with investors and analysts.
Interested parties can access a live webcast of the conference call through the company's investor relations website at investor.groupon.com. For those unable to attend the live event, a replay of the webcast will be available on the same platform, along with other published materials related to the financial results.
Groupon, Inc. (NASDAQ: GRPN) reported first quarter 2024 results, with Dusan Senkypl named permanent CEO. The company exceeded guidance, showing consolidated revenue growth for the first time since 2016. North America segment revenues excluding Goods category grew by 8% compared to the prior year.
Groupon, Inc. (NASDAQ: GRPN) announced Dusan Senkypl as the permanent CEO, with a successful track record and experience in building internet products. Senkypl aims to lead Groupon to sustainable growth and enhance the local experiences and services offered by the company.
