Jollibee Foods Corporation (JFC), through its wholly owned subsidiary, Jollibee Worldwide Pte. Ltd. (JWPL), is acquiring a 10 percent stake in automated coffee and tea dispenser firm Botrista Inc. for $28 million. In a disclosure to the Philippine Stock Exchange (PSE), JFC said it has signed...
Jollibee Foods Corporation announced the appointment of Denise Nelsen as first female chief executive officer for its fast-casual better burger brand - Smashburger. As the new Smashburger CEO, Denise Nelsen will drive innovation and growth for the brand, all while fostering a culture of...
Jollibee Foods Corporation (JFC), one of the largest Asian food service companies, is investing P20 billion to P23 billion for capital expenditures this year as it projects to sustain its growth to record-breaking levels in 2024. In a disclosure to the Philippine Stock Exchange, the firm said capex...
Jollibee Foods Corporation (JFC), one of the largest food service companies in Asia, is planning to raise up to P8 billion from a domestic preferred share offering to refinance maturing obligations. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its Board of Directors has...
Jollibee Foods Corporation has opened its first Jollibee store in Michigan, the 14th US state that the firm has reached in the market since it started its aggressive global expansion effort. Jollibee Group President Ernesto Tanmantiong “We are thrilled to be opening our first store in the...
Jollibee Foods Corporation (JFC), one of the largest Asian food service companies, and Food Collective Pte. Ltd. (FCPL) have set up a joint venture company (JVCo) called FCJB Foods Inc. In a disclosure to the Philippine Stock Exchange (PSE), Jollibee said FCJB Foods will own and operate Tiong Bahru...
Jollibee Foods Corporation continues to expand its presence overseas and announced that it has opened the 100th store of its flagship Jollibee brand in North America located in Strawberry Hill, British Columbia, Canada. . Jollibee recently opened its 100th North America store in Surrey,...
Jollibee Foods Corporation (JFC), one of Asia’s largest food service companies, has raised its stake and investments in its Singapore-based investment arm by S$100 million or about $75.62 million to fund the expansion of Tim Ho Wan and other overseas brands. In a disclosure to the Philippine...
Jollibee Foods Corporation (JFC), one of the largest Asian food service companies, reported a 5.7 percent dip in attributable net income to P6.82 billion in the first nine months of 2023 from the P7.24 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange...
CANDON, Ilocos Sur -- As the largest fast food chain company in the country, the Jollibee Group Corporation (JGC) through its corporate social responsibility arm, Jollibee Group Foundation (JGF), is helping lift the lives and labor of farmers in Ilocos Sur. The Farmers Entrepreneurship Program...
Jollibee Foods Corporation reported that it has recently opened its first drive-thru location in Singapore at the Caltex Jurong Spring station. In a statement, the fastfood giant said this milestone store marks Jollibee’s 20th store in Singapore, as well as the first artificial intelligence or...
For 45 years, home-grown Jollibee Foods Corporation (JFC ) strived to only work with reputable suppliers that share the same passion for food quality, food safety, and go beyond these to extend themselves towards driving sustainable operations. It is no surprise then that San...