Recent Updates — GRPN
Groupon, Inc. reported financial results for the second quarter ended June 30, 2026, announcing a loss from continuing operations of $1.5 million and Adjusted EBITDA of $14.8 million. Global revenue and billings both declined by 1% year-over-year, while active customers grew 2% to 16.1 million. The company recorded $3.2 million in restructuring charges related to its May-announced plan, which targets $20.0 million to $25.0 million in annualized cost savings. Groupon provided Q3 2026 guidance projecting revenue between $128 million and $130 million and Adjusted EBITDA between $19 million and $21 million. The company operates as a local marketplace connecting consumers with services and experiences.
Groupon, Inc. announced the appointment of Aditya Rajkumar as Chief Operating Officer, effective August 3, 2026. His compensation package includes an annual base salary of $500,000, a sign-on bonus of $150,000, and an equity award of 155,000 shares.