Summary of Groupon, Inc. (NASDAQ:GRPN) UBS Global TMT Conference Company Overview - **Company**: Groupon, Inc. (NASDAQ:GRPN) - **Event**: UBS Global TMT Conference - **Date**: December 7, 2020 - **Participants**: - Aaron Cooper - Interim CEO - Eric Sheridan - UBS Investment Bank Key Points and Arguments Business Context and COVID-19 Impact - Aaron Cooper began his role as Interim CEO at the end of March 2020, coinciding with the onset of COVID-19, which led to significant operational changes and cost control measures [5][4] - Groupon took swift actions to manage SG&A and streamline operations, resulting in a focus on cost reduction and operational efficiency [5][8] - The company reported strong sales in the Home and Auto business line during the pandemic, indicating resilience [7] Financial Performance and Cost Management - Groupon announced a plan to reduce costs by $225 million, which is on track [8][9] - The company expects to achieve EBITDA levels greater than 2019 as business recovers to 80% and 90% of pre-COVID levels [9][34] - The focus on a lower cost structure is intended to create operational leverage, allowing for growth without a proportional increase in expenses [34][36] Growth Strategy and Inventory Expansion - Groupon is prioritizing its growth strategy, particularly in local markets, and is reallocating resources to enhance its inventory [10][12] - The company is transitioning its Goods business to focus more on local offerings, which are seen as critical for future growth [12][13] - Groupon has successfully increased inventory by over 50%, with a significant portion coming from new Offers that do not have purchase restrictions [21][26] Customer and Merchant Engagement - The company is enhancing its customer value proposition by expanding inventory and reducing restrictions on purchases, which is expected to improve customer engagement [26][28] - New tools such as Campaign Builder and Groupon Connect have been launched to simplify the process for merchants, allowing them to manage their listings more effectively [27][28] - Sponsored listings have been introduced to provide merchants with more visibility and customer engagement opportunities [27][56] International Market Strategy - Groupon has exited markets where growth potential was limited, such as New Zealand and Japan, and is focusing on markets with the highest potential for growth [51][52] - The company aims to apply successful strategies from North America to international markets, leveraging its differentiated business model [52] Competitive Landscape - Groupon competes across various verticals, including Goods, Travel, and Local services, but differentiates itself through its unique inventory and low-risk model for merchants [54][56] - The company emphasizes its ability to drive incremental demand for merchants, which is a key competitive advantage [54] Capital Allocation and Future Outlook - Groupon's management is focused on executing its growth strategy, with a total addressable market of $1 trillion, indicating significant potential for future growth [58] - The company maintains a balanced capital allocation strategy, including investments in the business and potential M&A opportunities [58] Additional Important Insights - The pandemic has led to a shift in consumer behavior, with a focus on local experiences and services, which Groupon aims to capitalize on [44][46] - The company is optimistic about the recovery of its business and the potential for sustained customer growth in 2021 and beyond [46][48] This summary captures the essential points discussed during the conference, highlighting Groupon's strategic focus, financial performance, and market positioning amidst the challenges posed by COVID-19.

Groupon, Inc. (NASDAQ:GRPN) Q3 2020 Earnings Conference Call November 6, 2020 10:00 AM ET Company Participants Jennifer Beugelmans - Chief Communications Officer Aaron Cooper - Interim CEO Melissa Thomas - CFO Conference Call Participants Eric Sheridan - UBS Deepak Mathivanan - Barclays Tom Forte - D.A. Davidson Doug Anmuth - JPMorgan Michael Ng - Goldman Sachs Ygal Arounian - Wedbush Operator Good day, everyone, and welcome to Groupon's Third Quarter 2020 Financial Results Conference Call. At this time, al ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number: 1-35335 Groupon, Inc. (Exact name of registrant as specified in its charter) Delaware 27-0903295 (State or other jurisdict ...

Groupon, Inc. (NASDAQ:GRPN) Q2 2020 Earnings Conference Call August 7, 2020 10:00 AM ET Company Participants Jennifer Beugelmans - Chief Communications Officer Aaron Cooper - Interim Chief Executive Officer Melissa Thomas - Chief Financial Officer Conference Call Participants Eric Sheridan - UBS Ygal Arounian - Wedbush Securities Thomas Forte - D.A. Davidson Deepak Mathivanan - Barclays Michael Ng - Goldman Sachs Operator Good day, everyone, and welcome to Groupon's Second Quarter 2020 Financial Results Con ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number: 1-35335 Groupon, Inc. (Exact name of registrant as specified in its charter) Delaware 27-0903295 (State or other jurisdiction o ...