Yeogi Eoddae Company to Acquire Loco Partners, Operator of Relux

Yeogi Eoddae Company to Acquire Loco Partners, Operator of Relux

Yeogi Eoddae Company will acquire Loco Partners.

Loco Partners operates the accommodation booking service “Relux.” In 2017, KDDI acquired its shares and made it a consolidated subsidiary.

Yeogi Eoddae Company was established in September 2015 and operates the online travel booking service “Yeogi Eoddae” in South Korea. The app has been downloaded more than 50 million times. For the fiscal year 2025, the total transaction volume is expected to reach 270 billion yen, with operating profit of approximately 7.7 billion yen. The company has been handling Japanese accommodation facilities since 2022.

Yeogi Eoddae Company is expected to acquire all shares of Loco Partners. It will maintain the existing service concept, membership program, and linkage with services within the KDDI “au” economic sphere, and will retain the company name, brand name, and service content. The management structure will be announced once it has been decided.

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