Groupon/page/3 news and trends

Groupon Cuts 400 Jobs to Fund AI Pivot

May 26, 2026
Groupon Appoints Dusan Senkypl as Interim CEO
PYMNTS App Provider Rankings Show Good Deals for Digital Coupons
Mobile // September 08, 2025

Digital couponing is set to have a moment. Driven by continued growth in eCommerce and mobile-first shopping, several sources have pegged it to triple its total market value of $9 billion by 2032. We took both as a sign to check our app provider rankings...

Groupon: American Consumers Are Spending More on Experiences, Less on Products
Earnings // May 09, 2024

As consumers step up their spending on travel and on local experiences, Groupon noted, they are pulling back on buying products.  The eCommerce marketplace shared in an investor presentation accompanying its first-quarter 2024 financial results Thursday (May 9) that, with the exception of its “Goods” business — which sells retail products...

Groupon Taps Gifting Opportunity to Drive Spending Amid Cutbacks
Earnings // March 15, 2024

As consumers splurge on gifts in spite of other budgetary cutbacks, Groupon is looking to capture this lucrative opportunity. The eCommerce marketplace shared on a call with analysts discussing its fourth-quarter and full-year 2023 financial results Friday (March 15) that, amid revenue declines, the company...

Rakuten Stays at No. 1 in PYMNTS Provider Ranking of Coupon Apps
Commerce // January 17, 2024

We’ve started a new year, and retailers are clearing old inventory to make way for new items. In come coupons to help move merchandise, and PYMNTS Provider Ranking of Coupon Apps is here to help you find the best deals. Each month, we determine the...

Interviews & Exclusives
PYMNTS App Provider Rankings Show Good Deals for Digital Coupons

September 08, 2025
Digital couponing is set to have a moment. Driven by continued growth in eCommerce and mobile-first shopping, several sources have pegged it to triple its total market value of $9 billion by 2032. We took both as a sign to check our app provider rankings in the category, and as usual, we found some surprises. […]

The Life, Death And Rebirth Of The Daily Deal

February 21, 2020
Groupon is out of the business of selling consumer goods — an announcement that followed yet another disappointing earnings run from the eCommerce firm. The news took both consumers and...

Is Delivery QSR’s Groupon Redux?

February 23, 2018
Getting customers through restaurants’ doors and getting restaurants through customers’ doors are two very different things. One can lead a business to succeed, even thrive, while the other can spell...

Why Deals Don’t Drive Loyalty

October 27, 2017
The selling point for Cheers was never the food; it was the fact that everybody knew your name. Talking the loyalty talk doesn’t inspire consumers to stick with a brand....

Quick Reads
Groupon Cuts 400 Jobs to Fund AI Pivot

May 26, 2026
Groupon plans to eliminate 400 positions globally as it rebuilds itself as an artificial intelligence (AI)-native company. The positions eliminated as part of the firm’s restructuring plan will include both employees and contractors, and the cuts will occur by the end of the third quarter, Groupon said in a Monday (May 26) current report filing […]

Groupon Exec Simon Goodall Named CEO of Caribou Financial

September 25, 2023
Caribou Financial has a new CEO, one focused on expanding the lender’s auto loan refinancing presence. “It’s a pretty simple business and it’s just a huge opportunity,” Simon Goodall, formerly Groupon’s chief commercial...

Groupon Reports Progress in Transformation Plan

August 09, 2023
Groupon is demonstrating progress with its transformation plan, interim CEO Dusan Senkypl said Wednesday (Aug. 9) during the company’s quarterly earnings call. The marketplace for local experiences and services saw...

Groupon Appoints Investment Group Co-Founder Dusan Senkypl as Interim CEO

March 31, 2023
Groupon has appointed Dusan Senkypl as interim CEO to lead the company’s transformation strategy. Senkypl is a co-founder of private equity investment group Pale Fire Capital and a member of...