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Groupon Reports First Quarter 2023 Results

On Track to Remove $250 million of Annualized Costs by the End of 2023

International Active Local Customers Grew Year-Over-Year for 5th Consecutive Quarter

CHICAGO, May 10, 2023--(BUSINESS WIRE)--Groupon (NASDAQ: GRPN) issued its first quarter earnings press release today and addressed its transformation strategy to rebuild Groupon and reposition it for future growth. The company also filed its Form 10-Q with the Securities and Exchange Commission.

The first quarter 2023 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 press.groupon.com.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20230510006006/en/

Contacts

Investor Relations
Megan Petrous
ir@groupon.com

Public Relations
Emma Coleman
Alia Lewis
press@groupon.com