Jollibee Foods Corporation (JFC), one of Asia’s largest Asian food service companies, is buying out its remaining partners in the fund that owns the Tim Ho Wan brand at a cost of about P2.65 billion. In a disclosure to the Philippine Stock Exchange, JFC said its wholly-owned subsidiary Jollibee...
Jollibee Foods Corporation reported that it now has over 50 Jollibee restaurants in the United States with the recent opening of two branches in California. California welcomed two new Jollibee stores in Bakersfield and Torrance, with the latter getting a very special customer in its drive-thru –...
Jollibee Foods Corporation continues its aggressive expansion in the UK with the opening of its first restaurant in Wales in its capital, Cardiff. In a statement, the firm said Wales has a $1.4 billion fried chicken market, and the opening is in line with the company's thrust to expand across the...
Jollibee Foods Corporation is investing in an industrial property developer by infusing P3.97 billion worth of land used by its commissaries to get a foot into the real estate investment trust space. Based on a disclosure to the Philippine Stock Exchange, Jollibee will infuse 16.4 hectares of...
Jollibee Foods Corporation is planning to open a total of 950 stores globally in 2021 to 2022, consisting of the various brands it owns in the Philippines and overseas, as it banks on the economic recovery following aggressive vaccination programs. 15042 During the firm’s annual stockholders’...
Jollibee Foods Corporation (JFC) and its subsidiaries, Fresh N’ Famous Foods, Inc. (FNF) and Mang Inasal Philippines, Inc. (MI), has entered into a license agreement with Milkshop International Co., Ltd., a popular Taiwanese Bubble tea brand. In a disclosure to the Philippine Stock Exchange,...
Jollibee Foods Corp. (JFC), the Philippines most successful fast food chain with presence in major global markets, expects to achieve 500 Jollibee stores in the US market alone over the next five to seven years. JFC President & CEO Ernesto Tanmantiong revealed this goal at the virtual...
Jollibee Foods Corporation’s Smashburger—a US-based fast casual better burger restaurant—has opened a new branch in Brooklyn, New York as part of its expansion plans in North America. Smashburger's new restaurant in Brooklyn, New York In a statement, Jollibee said the opening of the new...
Jollibee Foods Corporation is planning to issue up to P12 billion worth of Peso Preferred Shares as well as buy back up to $250 million worth of its USD Perpetual Bonds through a Cash Tender Offer within 2021. In a statement, the firm said the issuance of preferred shares is subject to the approval...
Jollibee Food Corporation announced that it is set to open on May 20 the Jollibee flagship store in Europe at the historic London West End, the U.K. capital’s main commercial and entertainment center and one of the world’s most prime locations. “Bringing Jollibee to London’s West End is...
Jollibee Group Foundation (JGF) and Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA) have forged a joint research deal that targets to increase onion production in the Philippines as well as improve the local supply systems. A statement showed that SEARCA and...
Homegrown restaurant chain Jollibee is expanding its operations in Europe with the aim expanding to 50 stores in the continent in the next five years. In a statement, Jollibee noted that 70 percent of the customers in its latest UK stores are locals, prompting it to add more branches to reach...
