Groupon Inc at UBS Global Consumer and Retail Conference (Virtual) Transcript

Mar 05, 2020 / 06:45PM GMT
Unidentified Analyst -

All right. So I think in the interest of time, we'll start right at 1:45, and we'll get going. It's my pleasure to have Rich Williams, the CEO of Groupon here, Rich's first time ever at the UBS consumer conference. Rich, thanks for coming.

Rich Williams - Groupon, Inc. - CEO & Director

Thanks for having me. Appreciate it.

Questions and Answers:

Unidentified Analyst -

Yes. So I want to take one step back before we go deep into the weeds. Big announce -- series of announcements around the last earnings call. You're exiting your Goods business. You're making some key investments in the local space and where you want that business to go over the medium term. Let's just set the table by laying out, for those who don't know, what just happened on the last earnings call, what were the key messages from management.

Rich Williams - Groupon, Inc. - CEO & Director

Sure. I'll do that. And for those in the room, I'd just refer you to our safe harbor statements in
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