Jollibee Foods Corporation, one of the largest Asian food service companies, is amending its Articles of Incorporation so it can no longer directly own real estate, a move that will pave the way for more foreign shareholders in the most successful homegrown Filipino brand. In a disclosure to...
Jollibee Foods Corporation (JFC) is seeking to grow its presence in the United States through the expansion of its flagship Jollibee, which is aimed at the fried chicken market, while continuing to develop its Mexican food brand Tortazo. JFC Chief Finance Officer Richard Shin In a media...
Jollibee Foods Corporation, through the S$100-million investible funds from Titan Dining II LP (Limited Partnership), is planning to bring one of its foreign brands to Asia while further developing the group’s Chinese cuisine category. Jollibee Foods Corporation Chief Finance Officer Richard Shin...
Jollibee Foods Corporation (JFC), one of the largest Asian food service companies, reported that its wholly owned subsidiary Jollibee Worldwide Pte. Ltd. (JWPL) is investing an additional S$90 million ($66.56 million) for its Asian businesses through Titan Dining II LP (Titan Fund II). In a...
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...