{"id":961988,"date":"2026-05-13T06:49:06","date_gmt":"2026-05-13T10:49:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/groupon-shareholder-nick-nemeth-urges-board-to-revamp-platform-rebrand-for-the-thrifting-generation-and-accelerate-buybacks\/"},"modified":"2026-05-13T06:49:06","modified_gmt":"2026-05-13T10:49:06","slug":"groupon-shareholder-nick-nemeth-urges-board-to-revamp-platform-rebrand-for-the-thrifting-generation-and-accelerate-buybacks","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/groupon-shareholder-nick-nemeth-urges-board-to-revamp-platform-rebrand-for-the-thrifting-generation-and-accelerate-buybacks\/","title":{"rendered":"Groupon Shareholder Nick Nemeth Urges Board to Revamp Platform, Rebrand for the Thrifting Generation, and Accelerate Buybacks"},"content":{"rendered":"<h2>\nShareholder Holding 37,000 Shares Says One Turn of Customer Frequency Equals Approximately $100 Million of EBITDA; Believes GRPN Is Meaningfully Undervalued<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"justify\">SANTA BARBARA, Calif., May  13, 2026  (GLOBE NEWSWIRE) &#8212; Nick Nemeth, a shareholder of\u00a0<strong>Groupon, Inc. (NASDAQ: GRPN)<\/strong> holding approximately 37,000 shares of common stock (approximately 0.1% of the Company\u2019s outstanding shares), today publicly released an open letter to the Groupon Board of Directors urging the Company to prioritize its consumer platform, modernize the brand, and accelerate capital return. Mr. Nemeth publishes equity research under the <strong>Mispriced Assets<\/strong> banner through his firm, Wyandanch Consulting LLC.<\/p>\n<p align=\"justify\">Mr. Nemeth personally holds 37,000 shares of Groupon common stock \u2014 approximately 0.1% of shares outstanding \u2014 and also holds call options on Groupon stock. He believes the shares are <strong>meaningfully undervalued<\/strong>. Against a market capitalization of approximately $700 million, Groupon carries roughly $215 million in cash, $324 million in low-coupon convertible notes, and a stake in <strong>SumUp<\/strong> \u2014 which has been reported as a potential IPO candidate \u2014 that could represent a meaningful source of future liquidity. Adjusting for these items, the implied operating enterprise value is approximately $610 million for a marketplace serving 16.2 million active customers at approximately 90% gross margin.<\/p>\n<p align=\"justify\">\n        <strong>The lever.<\/strong> Groupon customers transact approximately 2.3 times per year. Comparable destination marketplaces sit closer to 4.3. At current contribution margins, <strong>each incremental turn of customer frequency drops approximately $100 million to the bottom line<\/strong> \u2014 the single largest unlevered source of operating leverage in the model, and one that lives entirely on the consumer side of the platform.<\/p>\n<table align=\"center\" style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">\n            <strong>Customer Frequency (turns\/yr)<\/strong>\n          <\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">\n            <strong>Incremental EBITDA vs. Today<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">2.3 \u2014 today<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">\u2014<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">3.0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">~ +$70M<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">3.5<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">~ +$120M<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">4.0<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">~ +$170M<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">4.3 \u2014 peer comp<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">~ +$200M<\/td>\n<\/tr>\n<\/table>\n<p align=\"center\">\n        <sup><br \/>\n          <em>Illustrative. Assumes approximately $100M of incremental EBITDA per full turn of frequency at current contribution margins.<\/em><br \/>\n        <\/sup>\n      <\/p>\n<p align=\"center\">\n        <strong>WYANDANCH CONSULTING LLC<\/strong>\n      <\/p>\n<p align=\"center\">\n        <em>Illustrative EBITDA Bridge \u2014 Run-Rate Earnings Power, 2\u20133 Years Out<\/em>\n      <\/p>\n<table align=\"center\" style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">\n            <strong>Driver<\/strong>\n          <\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">\n            <strong>Adj. EBITDA<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">2026 Adjusted EBITDA guide (midpoint)<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top\">$72M\u00a0\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">+ Full 20% RIF unlock (Q1 captured ~$2M severance only)<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top\">+$40M\u00a0\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">+ Frequency turn 1: 2.3 \u2192 3.3 visits\/customer\/year<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top\">+$100M\u00a0\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">+ Frequency turn 2: 3.3 \u2192 4.3 (full execution)<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top\">+$100M\u00a0\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: top\">\n            <strong>Run-rate earnings power, 2\u20133 years out<\/strong>\n          <\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>~ $310M\u00a0\u00a0<\/strong>\n          <\/td>\n<\/tr>\n<\/table>\n<p align=\"center\">\n        <sup><br \/>\n          <em>Source: Wyandanch Consulting LLC. Illustrative analysis based on Company filings and management commentary; not a forecast.<\/em><br \/>\n        <\/sup>\n      <\/p>\n<p align=\"justify\">Mr. Nemeth is urging the Board to focus on three priorities:<\/p>\n<p align=\"justify\">\n        <strong>Revamp the platform.<\/strong> A unified iOS, Android, and web redesign with quarterly disclosure of conversion lift, time-to-purchase, and session depth \u2014 the highest-priority project at the Company and the conversion infrastructure on which retention compounds.<\/p>\n<p align=\"justify\">\n        <strong>Rebrand the brand.<\/strong> Marketing currently runs approximately 35% of revenue and is miscast \u2014 buying clicks for individual deals rather than communicating the platform itself. Announce the revamp loudly; lean into verified influencer and user-generated-content distribution as a variable-cost replacement for high-CAC advertising; meet younger consumers where they are. The same generation that made thrifting cultural is the natural customer for value-driven local commerce.<\/p>\n<p align=\"justify\">\n        <strong>Accelerate the buyback.<\/strong> Pursue repurchases at up to approximately 10% of trading volume, subject to applicable rules, liquidity, and market conditions, funded by ongoing free cash flow, balance-sheet cash above a stated floor, and potential SumUp monetization. The rate of repurchase should reflect the conviction that the shares are undervalued.<\/p>\n<table align=\"center\" style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td colspan=\"2\" style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">\n            <strong>VWAP Scenario<\/strong>\n          <\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">\n            <strong>Shares Retired (~$570M)<\/strong>\n          <\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">\n            <strong>Share-Count Reduction<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: center;vertical-align: middle;vertical-align: top\">$20<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">~ 28.5M<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">~ 77%<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">$30<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">~ 19.0M<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">~ 52%<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">$45<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">~ 12.7M<\/td>\n<td style=\"vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: top\">~ 34%<\/td>\n<\/tr>\n<\/table>\n<p align=\"center\">\n        <sup><br \/>\n          <em>Illustrative shareholder estimate. Assumes approximately $570M of deployable capital over two years (cash drawdown to a stated floor + potential SumUp monetization + 2026\u20132027 free cash flow). Buyback execution is subject to applicable rules, liquidity, market conditions, and Board approval.<\/em><br \/>\n        <\/sup>\n      <\/p>\n<p align=\"justify\">The Board\u2019s Artificial Intelligence Committee under Mr. Shah and the <strong>Project Foundry<\/strong> operating-model rebuild are directionally correct; Mr. Nemeth believes these initiatives benefit from fine-tuning rather than redirection. They are accelerants. The engine is the consumer.<\/p>\n<p>\n        <em>\u201cOne turn of customer frequency drops approximately $100 million to the bottom line,\u201d said <\/em><br \/>\n        <strong><br \/>\n          <em>Nick Nemeth<\/em><br \/>\n        <\/strong><br \/>\n        <em>. \u201cThe generation that made thrifting cultural is the natural customer for local deals. The strategic direction Mr. \u0160enkypl has set is correct. The platform and the brand need to catch up to it.\u201d<\/em>\n      <\/p>\n<p align=\"justify\">The letter is offered constructively. Mr. Nemeth does not call for management change, board change, or strategic alternatives. The full letter is available at mispricedassets.substack.com.<\/p>\n<p>\n        <sub><br \/>\n          <strong>DISCLOSURE<\/strong><br \/>\n        <\/sub>\n      <\/p>\n<p align=\"justify\">\n        <sub>Nick Nemeth holds approximately 37,000 shares of Groupon, Inc. (NASDAQ: GRPN) common stock and call options thereon, and may transact at any time without notice. Forward-looking statements are projections, not guarantees. This communication reflects the author\u2019s personal opinion, is not investment advice, and is not a solicitation of any security, proxy, vote, or consent.<\/sub>\n      <\/p>\n<p align=\"justify\">Photos accompanying this announcement are available at<\/p>\n<p>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fg85Ir5EffT2LVvHQSqJm4p528H-TGsbV4Ush6NAeir9jAcYLFRpnRhW17S8tuTmxKH5rvSWOcsQXQzib4co1aKREawMu7Gt1mf4rSj-NTcf5B-Q_5PbnBPO053RCcES2_KA4dQvi2Kson5Kv2iWJkWazJHDU-kz5NYyBLubo8bDGwub_8kNAy0_1CxDbKO28YpYKSafsrwUClHspoovMSev5Fe-EG2rCxwGL3q5xo3-j4ZHJU4ql0E_sYrD4wtDZbtpwh6LfIqV1Z0zuoDRPA==\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/b59bf820-bfa3-414e-accc-6da332562eb8<\/a><br \/>\n        <br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fg85Ir5EffT2LVvHQSqJm4p528H-TGsbV4Ush6NAeir9jAcYLFRpnRhW17S8tuTmfHaT0MaQmEcU7n5yvhw-rrCgMFYfg5d-qHFF2p5aTUaYYWXbBM-eHR-VbrXRbYF201r5EMcIYnvTyf8dQV4EhZGxKyZlJS3O49XvO3b4YP9vuA7e5WhN53_w-EyQpNyrk8txRwvsIR2r09LCDigpGE2xS4rPh_lwoyScGuiWOrtHu9MA5tYXVsaJQFwl1gjF1WnF-gld2iT8VlANCfWEaQ==\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/5c27dc7b-5a35-4fad-b250-4683b32cad22<\/a><br \/>\n        <br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fg85Ir5EffT2LVvHQSqJm4p528H-TGsbV4Ush6NAeir9jAcYLFRpnRhW17S8tuTmSSin-beb48k79P1u5hLZtFHs9eDmL6orA7unybOVfeXoenWlQc6HfsHlL0j2vT4j9d7SYnkuJI99qyjt-ErjaaAsjUZci78mM0P3H_6HHBKI19bd-BLB0KA7uiw3lfHyHDnt4wdzoyObayXRSteIwf5AdPNKRvOxd8lfwbNllH4iCahgye8MkFlctDwmn2Iwg_mUh-scVLU1wDqH1SL4xQ==\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/3effce10-e3d6-45cd-8960-3515624a0b64<\/a><br \/>\n        <br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=fg85Ir5EffT2LVvHQSqJm4p528H-TGsbV4Ush6NAeir9jAcYLFRpnRhW17S8tuTm83f9X_PWJPaBl546E-pPcOQjfPpWP0DRDJjFSvlOfWZtBtriSeANBvqvG-2-RtGaBpTK9VGXxy_vYYL3UG-3zFfdfZZx64b4nr3yrt_JHjSyElGffBWrK6Agurwh2M4KqJKzCVixMfjxO85eATmLkLex1T5geZhocUKVTCANL11TU-RpunBEGLt5xW92ejzjcmY0d7dVJj0OymxPRpyIkw==\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/95b32b7b-c3f0-4bcf-9ea7-888415a5ea63<\/a>\n      <\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcxOTMxNiM3NTk5OTYwIzUwMDE2MjUzMg==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/M2MwMGMzZmQtYjk4MS00YWMzLWJlZDQtOTczYTMzNjVlNTVkLTUwMDE2MjUzMi0yMDI2LTA1LTEzLWVu\/tiny\/Nick-Nemeth-Dissident-Sharehol.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>CONTACT\r\n\r\nNick Nemeth\r\nPrincipal, Wyandanch Consulting LLC\r\nEmail: mispricedassetsresearch@substack.com\r\nX: @NickNemo17<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shareholder Holding 37,000 Shares Says One Turn of Customer Frequency Equals Approximately $100 Million of EBITDA; Believes GRPN Is Meaningfully Undervalued SANTA BARBARA, Calif., May 13, 2026 (GLOBE NEWSWIRE) &#8212; Nick Nemeth, a shareholder of\u00a0Groupon, Inc. (NASDAQ: GRPN) holding approximately 37,000 shares of common stock (approximately 0.1% of the Company\u2019s outstanding shares), today publicly released an open letter to the Groupon Board of Directors urging the Company to prioritize its consumer platform, modernize the brand, and accelerate capital return. Mr. Nemeth publishes equity research under the Mispriced Assets banner through his firm, Wyandanch Consulting LLC. Mr. Nemeth personally holds 37,000 shares of Groupon common stock \u2014 approximately 0.1% of shares outstanding \u2014 and also holds call options on Groupon stock. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/groupon-shareholder-nick-nemeth-urges-board-to-revamp-platform-rebrand-for-the-thrifting-generation-and-accelerate-buybacks\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Groupon Shareholder Nick Nemeth Urges Board to Revamp Platform, Rebrand for the Thrifting Generation, and Accelerate Buybacks&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-961988","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Groupon Shareholder Nick Nemeth Urges Board to Revamp Platform, Rebrand for the Thrifting Generation, and Accelerate Buybacks - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/groupon-shareholder-nick-nemeth-urges-board-to-revamp-platform-rebrand-for-the-thrifting-generation-and-accelerate-buybacks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Groupon Shareholder Nick Nemeth Urges Board to Revamp Platform, Rebrand for the Thrifting Generation, and Accelerate Buybacks - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Shareholder Holding 37,000 Shares Says One Turn of Customer Frequency Equals Approximately $100 Million of EBITDA; Believes GRPN Is Meaningfully Undervalued SANTA BARBARA, Calif., May 13, 2026 (GLOBE NEWSWIRE) &#8212; Nick Nemeth, a shareholder of\u00a0Groupon, Inc. (NASDAQ: GRPN) holding approximately 37,000 shares of common stock (approximately 0.1% of the Company\u2019s outstanding shares), today publicly released an open letter to the Groupon Board of Directors urging the Company to prioritize its consumer platform, modernize the brand, and accelerate capital return. Mr. Nemeth publishes equity research under the Mispriced Assets banner through his firm, Wyandanch Consulting LLC. Mr. Nemeth personally holds 37,000 shares of Groupon common stock \u2014 approximately 0.1% of shares outstanding \u2014 and also holds call options on Groupon stock. &hellip; Continue reading &quot;Groupon Shareholder Nick Nemeth Urges Board to Revamp Platform, Rebrand for the Thrifting Generation, and Accelerate Buybacks&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/groupon-shareholder-nick-nemeth-urges-board-to-revamp-platform-rebrand-for-the-thrifting-generation-and-accelerate-buybacks\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-13T10:49:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcxOTMxNiM3NTk5OTYwIzUwMDE2MjUzMg==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/groupon-shareholder-nick-nemeth-urges-board-to-revamp-platform-rebrand-for-the-thrifting-generation-and-accelerate-buybacks\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/groupon-shareholder-nick-nemeth-urges-board-to-revamp-platform-rebrand-for-the-thrifting-generation-and-accelerate-buybacks\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Groupon Shareholder Nick Nemeth Urges Board to Revamp Platform, Rebrand for the Thrifting Generation, and Accelerate Buybacks\",\"datePublished\":\"2026-05-13T10:49:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/groupon-shareholder-nick-nemeth-urges-board-to-revamp-platform-rebrand-for-the-thrifting-generation-and-accelerate-buybacks\\\/\"},\"wordCount\":782,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/groupon-shareholder-nick-nemeth-urges-board-to-revamp-platform-rebrand-for-the-thrifting-generation-and-accelerate-buybacks\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTcxOTMxNiM3NTk5OTYwIzUwMDE2MjUzMg==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/groupon-shareholder-nick-nemeth-urges-board-to-revamp-platform-rebrand-for-the-thrifting-generation-and-accelerate-buybacks\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/groupon-shareholder-nick-nemeth-urges-board-to-revamp-platform-rebrand-for-the-thrifting-generation-and-accelerate-buybacks\\\/\",\"name\":\"Groupon Shareholder Nick Nemeth Urges Board to Revamp Platform, Rebrand for the Thrifting Generation, and Accelerate Buybacks - 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