Groupon 3Q Loss Narrows Following Cost-Cutting - News Summed Up

Groupon 3Q Loss Narrows Following Cost-Cutting


By Ben GlickmanGroupon logged a narrower loss but sales fell in the third quarter after the company made progress on cost-cutting initiatives. The Chicago-based e-commerce company reported a loss of $41.4 million, or $1.31 a share, in the quarter ended Sept. 30, compared with a loss of $56.2 million, or $1.86 a share, a year earlier.


Source: Wall Street Journal November 10, 2023 15:40 UTC



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