July 31 (Reuters) - Walmart ( WMT )-owned Flipkart said on Friday it
has partnered with Netflix ( NFLX ) to offer members of its
loyalty programme a monthly mobile subscription after four
qualifying orders, as it looks to encourage repeat purchases by
customers.
India's e-commerce companies are increasingly using loyalty
programmes to drive repeat purchases as competition intensifies
across online retail and quick commerce.
Flipkart, which WalMart ( WMT ) bought a controlling stake
in 2018, has expanded into grocery and rapid deliveries through
Flipkart Minutes, competing with Amazon ( AMZN ) in e-commerce
and rivals including Blinkit, Zepto, Swiggy Instamart and
BigBasket in quick commerce.
Flipkart shifted its holding company to India from Singapore
earlier this year, paving the way for a planned stock market
listing in the country. Reuters reported in March that the
company was aiming to list in Mumbai before March 2027, though
it had yet to firm up the IPO's size or valuation.
Under the partnership, Flipkart Plus members who place four
orders of at least 299 rupees each in a calendar month across
Flipkart, Flipkart Grocery or Flipkart Minutes will receive a
30-day Netflix Mobile subscription from Aug. 1.