Rana Yared
CFO
Replay available
Groupon, Inc. (NASDAQ: GRPN) Q1 2026 earnings conference call, held 2026-05-08. Replay captured from the company's public earnings webcast.

CFO
Analyst, Northland Capital
Analyst, Roth Capital Partners
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WEBVTT 00:00:00.031 -- 00:00:04.176 not waiting on others to prepare reports or data. 00:00:04.176 -- 00:00:08.781 You can imagine it like you have additional five or six AI people working for you 24 00:00:08.781 -- 00:00:11.665 times seven. You can ask them whatever you want. 00:00:11.665 -- 00:00:16.230 So that pace which comes with it is really, really amazing. 00:00:16.230 -- 00:00:22.017 We are changing and it's not only us, it's pretty much everyone who is on this AI frontier 00:00:22.017 -- 00:00:24.440 level, the way how corporations are working. 00:00:24.440 -- 00:00:29.589 It doesn't make sense anymore to have teams of five or six people working on something 00:00:29.589 -- 00:00:33.260 with all that communication overhead around it and meetings. 00:00:33.260 -- 00:00:38.514 It's really one or two people, we call it speed boats, who are taking decisions 00:00:38.514 -- 00:00:43.248 immediately, moving super fast, shipping products in days or weeks. 00:00:43.248 -- 00:00:47.312 And I expect that more and more of this will be coming to Groupon. 00:00:47.312 -- 00:00:52.418 But when you look how we were talking about SEO less than three months ago, 00:00:52.418 -- 00:00:57.423 for example, without AI, we would not be able to accelerate so significantly. 00:00:57.423 -- 00:01:01.388 I see the same happening on SCM, also Mobile Next. 00:01:01.388 -- 00:01:06.593 Last almost three years, we were talking about the project, how we are moving 00:01:06.593 -- 00:01:11.639 really slowly. But last three to five months, the progress significantly 00:01:11.639 -- 00:01:16.104 accelerated. We would not be able to achieve it without AI. 00:01:16.104 -- 00:01:19.687 And I see right now that this is happening across all projects. 00:01:19.687 -- 00:01:24.252 We pretty much d...