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Groupon Issues First Quarter Earnings Release

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Groupon (NASDAQ: GRPN) has announced its first quarter earnings and revealed plans to expand its local marketplace while introducing a new beauty and wellness marketplace. The company aims to enhance its core offerings and attract more consumers to its platform. The earnings materials can be accessed on Groupon’s Investor Relations site. This strategic move is expected to strengthen Groupon's market position by providing diverse experiences to customers and supporting local businesses.

Positive
  • Plans to grow the local marketplace
  • Launch of a new beauty and wellness marketplace
Negative
  • None.

Outlines plan to grow its local marketplace and launch a new beauty and wellness marketplace

CHICAGO--(BUSINESS WIRE)-- Groupon (NASDAQ:GRPN) issued its first quarter earnings press release today and outlined a plan to grow its core local marketplace and launch a new beauty and wellness marketplace.

The first 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 an experiences marketplace where consumers discover fun things to do and local businesses thrive. For our customers, this means giving them an amazing selection of experiences at great values. For our merchants, this means making it easy for them to partner with Groupon and reach millions of consumers around the world. To find out more about Groupon, please visit press.groupon.com.

Investor Relations Contact(s):

Jennifer Beugelmans

Jordan Kever

Megan Petrous

ir@groupon.com

Media Relations Contact:

Nick Halliwell

press@groupon.com

Source: Groupon

FAQ

What are Groupon's plans for its local marketplace in 2023?

Groupon plans to grow its local marketplace as part of its strategy outlined in the first quarter earnings.

What new marketplace is Groupon launching?

Groupon is launching a new beauty and wellness marketplace.

Where can I find Groupon's first quarter earnings materials?

Groupon's first quarter earnings materials are available on its Investor Relations site.

What is Groupon's stock symbol?

Groupon's stock symbol is GRPN.

Groupon, Inc.

NASDAQ:GRPN

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