Currently savoring the positive impact of its recently acquired Compose Coffee in South Korea, Asian food and beverage giant Jollibee Foods Corporation is reportedly acquiring Korean fried chicken chain owner Norang Food for $95 million in August this year. According to The Korea Times,...
The Jollibee Group brought together over 270 global and domestic suppliers for its 2025 Global Supplier Summit to explore innovations and ensure the stability of its supply chain as it continues to pursue its worldwide expansion aggressively. The group said the event was “designed to deepen...
From humble beginnings to becoming a global force, Jollibee has always believed in one powerful truth: the Filipino is world-class. Jollibee proudly launches its newest campaign, “Bida Best, Bida Pinoy”—a bold celebration of Filipino excellence, honoring the country’s finest who continue to...
After years of delay, Jollibee Foods Corporation is now more upbeat about the prospects for an initial public offering of its highly profitable and rapidly expanding Highlands Coffee business which is the dominant coffee chain in Vietnam. In an online media briefing, Jollibee Chief Financial...
Jollibee Foods Corporation is divesting its stake in C-Joy Poultry Realty Inc., the firm that owns the land for its chicken meat processing joint venture with Cargill Philippines, C-Joy Poultry Meats Production Inc. tIn a disclosure to the Philippine Stock Exchange, Jollibee said it will fully...
Jollibee Foods Corporation (MC, also known as Jollibee Group), one of the largest Asian food service companies, is confident of hitting its financial targets this year as a surge in advertising expenses boosted revenues in the first quarter of 2025. “The substantial increase in advertising and...
Jollibee Foods Corp. (JFC) has priced its $300-million five-year Regulation S-only United States (US) dollar-denominated senior unsecured guaranteed notes offering with a fixed coupon of 5.332 percent, payable semi-annually. JFC, a leading food service company in the Philippines and one of the...
Jollibee Foods Corporation, one of the largest Asian food service companies, is raising $396 million from a U.S. dollar-denominated senior unsecured guaranteed notes offering as well as loans from local banks. In an online media briefing, Jollibee Group Chief Financial and Risk Officer Richard Shin...
Jollibee Worldwide Pte. Ltd. (JWPL), a wholly owned subsidiary of Jollibee Foods Corp. (JFC), is planning a Regulation S only five-year US dollar-denominated senior unsecured guaranteed notes offering to refinance debts. In a disclosure to the Philippine Stock Exchange, the firm named J.P. Morgan...
Jollibee Foods Corporation, one of the largest Asian food service companies, is allotting ₱18 billion to ₱21 billion for capital expenditures this year as it reported a 17.7 percent growth in attributable net income to ₱10.3 billion last year from ₱8.77 billion in 2023 despite a drop in...
(From L-R) Erwin Razon (General Manager, Hepmil Philippines), Dennis Reyes (PR and Partnerships Head, Jollibee Philippines), Gladys Pagdato (Associate Account Director, Hepmil Philippines), Abigail Ocampo (Client Success Manager, Hepmil Philippines), Elise Maog (PR & Partnerships Officer,...
Foreign investors may now buy more shares of Jollibee Foods Corporation as the Philippine Stock Exchange (PSE) has approved the firm’s request to amend its foreign ownership limit from 40 percent to "no limit" or up to 100 percent. This is in light of the amendments to the Jollibee's primary and...