Groupon(US:GRPN) Newsfileยท2024-11-12 21:56Financial Performance - Groupon reported third quarter revenue at the low-end of guidance, while EBITDA exceeded the high-end of guidance [2] - International Local revenue declined by 13%, but excluding Italy, the decline was only 2% [2] Strategic Initiatives - The company announced a $197 million financing transaction to support its operations [2] - CEO Dusan Senkypl expressed optimism about the company's future, highlighting progress in platform transformation and customer experience [3] - New features such as gifting and video content have received positive responses, indicating potential for sustainable growth [3] Market Position - 100% of North America mobile web and desktop traffic is now on Groupon's new front-end platform, showcasing a significant technological advancement [2]