According to the publication, executives and representatives of the Chicago-based company have recently stepped up efforts to lure in possible buyers, but it is unclear whether that endeavor has been successful.
In May, Groupon reported better than expected first quarter earnings on lower year-over-year revenue. At the time, CEO Rich Williams told “Mad Money’s” Jim Cramer that Groupon was on “a bit of a tear on the partnership side,” citing Major League Baseball ticket sales, Grubhub and advertising that starred actress/comedian Tiffany Haddish.
Amid a digital push and a drive to bring more brands and small businesses onto the platform, the company’s stock has languished under $5 per share — far below its post-IPO high. Groupon’s market capitalization was once valued at $16 billion, but is now around $2.5 billion.
Groupon did not immediately respond to CNBC’s request for comment.