Groupon, Inc.

If you go to mobile web as an example, you may already start to see some pretty dramatic changes to versions of the mobile web experience. And you're seeing everything from, as an example, you may already start to see some pretty dramatic changes to versions of the mobile web experience. And you're seeing everything from automatic rotating slots to horizontal. As an example, you may already start to see some pretty dramatic changes Thank you very much. Thank you. and a lot of different merchandising slots coming in just to improve search and browse discovery. So we have some pretty significant changes that are already rotating in market and they're live. Just whether you're in a test cell or not, it's hard to say. But you're starting to see those already. But what you should think about changes that are already rotating in market and they're live, just whether you're in a test cell or not, it's hard to say. But you're starting to see those already. But what you should think about changes that are already rotating in market and they're live, just whether you're in a test cell or not, it's hard to say. But you're starting to see those already. But what you should think about there if you can, changes that are already rotating in market and they're live, just whether you're in a test cell or not, it's hard to say. But you're starting to see those already. But what you should think about they're rotating in market and they're live, just whether you're in a test cell or not, it's hard to say. But you're starting to see those already. But what you should think about there is that We don't, unless we be rotating in market and they're live, just whether you're in a test cell or not, it's hard to say. But you're starting to see those already. But what you should think about there is that we don't, unless we, just whether you're in a test cell or not, it's hard to say. But you're starting to see those already. But what you should think about there is that we don't, unless we, one of those pieces that we're talking about, just whether you're in a test cell or not, it's hard to say. But you're starting to see those already. But what you should think about there is that we don't, unless we, one of those pieces that we're talking about, just whether you're in a test cell or not, it's hard to say. But you're starting to see those already. But what you should think about there is that we don't, unless we, one of those pieces that we're trying to say, but you're starting to see those already. But what you should think about there is that We don't, unless we, one of those pieces that we're testing is just an outright winner, hard to say, but you're starting to see those already, but what you should think about there is that we don't, unless we, one of those pieces that we're testing is just an outright winner, hard to say, but you're starting to see those already, but what you should think about there is that we don't, unless we, one of those pieces that we're testing is just an outright winner, But you're starting to see those already. But what you should think about there is that we don't, unless we, one of those pieces that we're testing is just an outright winner. You're starting to see those already. But what you should think about there is that we don't, unless we, one of those pieces that we're testing is just an outright winner, I would not expect a big bang change. You're starting to see those already. But what you should think about there is that Unless one of those pieces that we're testing is just an outright winner, I would not expect a big bang change. You're starting to see those already, but what you should think about there is that unless one of those pieces that we're testing is just an outright winner, I would not expect a big bang change. You're starting to see those already, but what you should think about there is that We don't, unless we, one of those pieces that we're testing is just an outright winner, I would not expect a big bang change. You're starting to see those already, but what you should think about there is that we don't, unless we, one of those pieces that we're testing is just an outright winner, I would not expect a big bang change. You're starting to see those already, but what you should think about there is that We don't, unless we, one of those pieces that we're testing is just an outright winner, I would not expect a big bang change. You're starting to see those already, but what you should think about there is that we don't, unless we, one of those pieces that we're testing is just an outright winner, I would not expect a big bang change. You're starting to see those already, but what you should think about there is that Unless one of those pieces that we're testing is just an outright winner, I would not expect a big bang change. You're starting to see those already, but what you should think about there is that unless one of those pieces that we're testing is just an outright winner, I would not expect a big bang change. You're starting to see those already, but what you should think about there is that Unless one of those pieces that we're testing is just an outright winner, I would not expect a big bang change. You're starting to see those already, but what you should think about there is that unless one of those pieces that we're testing is just an outright winner, I would not expect a big bang change. Unless one of those pieces that we're testing is just an outright winner, I would not expect a big bang change. In general, I think you've seen historically when brands and those can be pretty cold starts for consumers that are well trained in your existing UI. Instead, I would expect us not to do that. I would expect us not to do the big bang but more to feather in and those can be pretty cold starts for consumers. that are well-trained in your existing UI. Instead, I would expect us not to do that. I would expect us not to do the big bang, but more to feather in, and those can be pretty cold starts for consumers that are well-trained in your existing UI. Instead, I would expect us not to do that. I would expect us not to do the big bang, but more to feather in, and those can be pretty cold starts for consumers that are well-trained in your existing UI. Instead, I would expect us not to do that. I would expect us not to do the big bang but more to feather in, and those can be pretty cold starts for consumers that are well-trained in your existing UI. Instead, I would expect us not to do that. I would expect us not to do the big bang but more to feather in, and those can be pretty cold starts for consumers that are well-trained in your existing UI. Instead, I would expect us not to do that. I would expect us not to do the big bang, but more to feather in, and those can be pretty cold starts for consumers that are well-trained in your existing UI. Instead, I would expect us not to do that. I would expect us not to do the big bang, but more to feather in starts for consumers. that are well-trained in your existing UI. Instead, I would expect us not to do that. I would expect us not to do the big bang, but more to feather in our winning elements that we see for consumers that are well-trained in your existing UI. Instead, I would expect us not to do that. I would expect us not to do the big bang, but more to feather in our winning elements that we see for consumers that are well-trained in your existing UI. Instead, I would expect us not to do that. I would expect us not to do the big bang, but more to feather in our winning elements that we see for consumers that are well-trained in your existing UI. Instead, I would expect us not to do that. I would expect us not to do the big bang, but more to feather in our winning elements that we see consumers are interacting really productively with. And you're already seeing some of that happen in our core app. We have new filter bang, but more to feather in our winning elements that we see consumers are interacting really productively with. and you're already seeing some of that happen in our core app. We have new filters, we have additional filter metrics and a bunch of other things that are making it easier for consumers to find what they're looking for but we're feathering those in as they win and as we go and I think that's just a healthier way for us to move. Unless we see just something just blow us away and consumers adopt it really aggressively immediately. But it's just not our experience there historically, especially not at scale. Unless we see just something just blow us away and consumers adopt it really aggressively immediately, but it's just not our experience there historically. and a number of others. Not our experience there historically, especially not at scale. As far as Groupon Select, it's not something that we've dispersed adopted really aggressively immediately, but it's just not our experience there historically, especially not at scale. As far as Groupon Select, it's not something that we've dispersed adopted really aggressively immediately, but it's just not our experience there historically, especially not at scale. As far as Groupon Select, it's not something that we've dispersed adopted really aggressively immediately, but it's just not our experience there historically, especially not at scale. As far as Groupon Select, it's not something that we've dispersed adopted really aggressively immediately, but it's just not our experience there historically, especially not at scale. As far as Groupon Select, it's not something that we've adopted really aggressively immediately, but it's just not our experience there historically, especially not at scale. As far as Groupon Select, it's not something that we've on the site or in our apps. We're very excited about that program. We think it has a lot of potential. But again, it's a membership-oriented program, so it's a little too early to start discussing what the – we're very excited about that program. We think it has a lot of potential. But again, it's a membership-oriented program, so it's a little too early to start discussing what the potential of it – we're very excited about that program. We think it has a lot of potential. Thank you very much. We're very excited about that program. We think it has a lot of potential. But again, it's a membership-oriented program, so it's a little too early to start discussing what the potential of it is. We're very excited about that program. We think it has a lot of potential. But again, it's a membership-oriented program, so it's a little too early to start discussing what the We think it has a lot of potential, but again, it's a membership-oriented program, so it's a little too early to start discussing what the potential of it is ultimately financially. But again, it's a membership-oriented program, so it's a little too early to start discussing what the What the potential of it is ultimately financially for the company and for customer accounts. So it's a little too early to start discussing what the potential of it is ultimately financially for the company and for customer accounts. Because as you know, in membership program, so it's a little too early to start discussing what the potential of it is ultimately financially for the company and for customer accounts. because as you know in membership to start discussing what the potential of it is ultimately financially for the company and for customer accounts because as you know in membership it's really about continuity to start discussing what the potential of it is ultimately financially for the company and for customer accounts because as you know in membership it's really about continuity to start discussing what the What the potential of it is ultimately financially for the company and for customer accounts. Because as you know, in membership, it's really about continuity. To start discussing what the potential of it is ultimately financially for the company and for customer accounts. Because as you know, in membership, it's really about continuity. To start discussing what the What the potential of it is ultimately financially for the company and for customer accounts, because as you know in membership, it's really about continuity. To start discussing what the potential of it is ultimately financially for the company and for customer accounts, because as you know in membership, it's really about continuity. To start discussing what the What the potential of it is ultimately financially for the company and for customer accounts, because as you know, in membership, it's really about continuity to start discussing what the potential of it is ultimately financially for the company and for customer accounts, because as you know, in membership, it's really about continuity to start discussing what the What the potential of it is ultimately financially for the company and for customer accounts. Because as you know, in membership, it's really about continuity. To start discussing what the potential of it is ultimately financially for the company and for customer accounts. Because as you know, in membership, it's really about continuity. To start discussing what the What the potential of it is ultimately financially for the company and for customer accounts, because as you know, in membership, it's really about continuity to start discussing what the potential of it is ultimately financially for the company and for customer accounts, because as you know, in membership, it's really about continuity to start discussing what the What the potential of it is ultimately financially for the company and for customer accounts, because as you know in membership, it's really about continuity. What the potential of it is ultimately financially for the company and for customer accounts, because as you know in membership, it's really about continuity. What the potential of it is ultimately financially for the company and for customer accounts, Because as you know, in membership, it's really about continuity, and that's where it counts, not just how many folks, you know, what the potential of it is ultimately financially for the company and for customer accounts. Because as you know, in membership, it's really about continuity, and that's where it counts, not just how many folks, you know, what the potential of it is ultimately financially for the company and for customer accounts. Because as you know, in membership, it's really about continuity, and that's where it counts, not just how many folks, you know, what the potential of it is ultimately financially for the company and for customer accounts. Because as you know, in membership, it's really about continuity, and that's where it counts, not just how many folks, you know, what the potential of it is ultimately financially for the company and for customer accounts. because, as you know, in membership, it's really about continuity, and that's where it counts, not just how many folks it is ultimately financially for the company and for customer accounts because, as you know, in membership, it's really about continuity, and that's where it counts, not just how many folks you can get in the program initially, and that's where it counts, not just how many folks you can get in the program initially. So I'd say stay tuned on that one. We're watching it really closely. We are excited about it as an early-stage initiative, Your next question comes from the line of Tom Champion from Cowen.

Your line is open.

Thanks, Amit. Your next question comes from the line of Tom Champion from Callen. Your line is open.