Groupon, Inc. (GRPN) is a marketplace operator that connects merchants to consumers. The company operates through two broad segments: North America and International. It offers services on behalf of third-party merchants and serves customers through its website and mobile applications.
The company’s new leadership arrived in December last year, which seemingly made investors concerned about the company’s prospects. The management change occurred two years into GRPN’s turnaround plan, which meant a start of a new program.
