Groupon is an online marketplace that connects consumers with local businesses by offering discounted deals on a wide range of services, experiences, and products
The company primarily focuses on promoting the offerings of restaurants, spas, travel, and entertainment venues, facilitating transactions that benefit both consumers seeking savings and businesses looking to attract new customers. By providing a platform for merchants to reach a broader audience and for shoppers to discover curated experiences at reduced prices, Groupon enhances the way people engage with their local communities while driving traffic and sales for partner businesses.
Groupon reports better-than-expected Q4 results with revenue of $130.38M and a loss of $1.20 per share. CEO highlights successful transformation and expected growth.
Stay up-to-date with the latest market trends in the middle of the day on Wednesday. Explore the top gainers and losers during today's session in our detailed report.
As the US market prepares to open on Wednesday, let's get an early glimpse into the pre-market session and identify the stocks leading the pack in terms of gains and losses.
CEO Dusan Senkypl said the company returned North America Local to growth and generated positive free cash flow for the first time since exiting the pandemic.
