Groupon Issues Second Quarter Earnings Release

Local billings of $361 million, up 5% (FX-neutral) from the first quarter

Announces plan to lower annual expenses by $150 million; Executing turnaround strategy

Reiterates 2023 Financial Targets

Groupon (NASDAQ:GRPN) issued its second quarter earnings press release today and announced a plan to lower annual expenses and outlined progress on the company’s turnaround strategy.

The second quarter earnings materials are posted on Groupon’s Investor Relations site located at

About Groupon

Groupon ( (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


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