Flybuys Program Sees 5.3% Growth in Active
Coalition program Flybuys sees 5.3% increase in active members, reaching 9.5 million. Coles Group reports 2 million first-time point redemptions, but experiences net loss of $18 million due to 50% share in Flybuys.
Simon Rowles
Founder, CEO
Coalition program Flybuys active members increased by 5.3% to 9.5 million. Over 2 million members redeemed points for the first time at Coles Group.
Coles' 50% share of Flybuys resulted in a net loss of $18 million.
Link to source: https://www.colesgroup.com.au/investors/?page=results-and-presentations
