20th August 2025 - 3 min read
AEON CO. (M) BHD. and AEON Credit Service (M) Berhad have announced a new joint venture that will unify membership, data intelligence, and digital engagement across the AEON ecosystem in Malaysia. The initiative is intended to strengthen the group’s ability to deliver a more integrated retail and financial experience to its customers.
The joint venture is designed to serve as AEON Group’s central membership programme. Once launched, it will give customers a single point of access to rewards, benefits, and promotions across AEON retail stores, e-commerce platforms, financial services, and AEON Bank’s digital offerings. Customers will be able to use and redeem rewards more flexibly, supported by personalised offers based on data insights.
With the necessary regulatory approvals, the new entity will be owned 51% by AEON Credit and 49% by AEON. It will begin with an initial paid-up capital of RM50 million. The venture is expected to start operations in the fourth quarter of 2025, subject to regulatory clearance and operational readiness.
The joint venture will operate as a central platform, integrating customer engagement, data analytics, digital media, and marketing solutions across AEON’s retail, financial, digital, and lifestyle businesses. According to AEON Credit’s Managing Director, Daisuke Maeda, the initiative will bring together retail, financial services, and digital capabilities to create additional value for customers.
AEON Bank will be the official banking partner for the joint venture. It will support the platform by providing digital banking solutions and business banking services for AEON’s partners, reinforcing the Group’s focus on data-driven growth and digital innovation.
Beyond enhancing customer experiences, the new entity will also serve as a data and marketing exchange hub. This function will enable AEON Group companies, partners, and merchants to reach AEON’s large and diverse customer base with more targeted engagement.
Naoya Okada, Managing Director of AEON, noted that the venture is a cornerstone of AEON’s long-term digital transformation strategy. By aligning AEON’s retail network with AEON Credit’s financial and digital infrastructure, the joint venture aims to build a more intelligent and scalable membership ecosystem.
As part of its implementation, the joint venture will unify membership and data management across AEON CO., AEON BiG Sdn. Bhd., AEON Credit, and AEON Bank Berhad. This integration is intended to lay the foundation for deeper collaboration within AEON Group and shared value creation across its ecosystem.
The joint venture is expected to strengthen AEON’s ability to adapt to the evolving needs of Malaysia’s digital-first consumers, while providing a centralised platform that benefits both customers and partners.
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Samuel writes about personal finance and financial news, focusing on how banking updates, policies, and promotions affect everyday money decisions. He enjoys making complicated financial topics easier to follow. Outside of writing, he spends his time watching TV shows and occasionally convincing himself he will only watch one episode.
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