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Groupon Reports First Quarter 2023 Results

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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--(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.

Investor Relations

Megan Petrous

ir@groupon.com



Public Relations

Emma Coleman

Alia Lewis

press@groupon.com

Source: Groupon

Groupon, Inc.

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About GRPN

groupon provides a global marketplace where people can buy just about anything, anywhere, anytime. we’re enabling real-time commerce across an expanding range of categories including local businesses, travel destinations, consumer products, and live or lively events. at the same time, we are providing advertising options and tools that merchants can use to grow and manage their businesses. culturally, we believe that great people make great companies and that starting with the customer and working backward moves us forward. community matters to us on an internal, local and global scale—it’s fundamental to our company’s growth and to the well-being of the world at large. we also value self-awareness, candor, lunch and wifi. if we match with you, please apply to join us.