Business NEWS

Shakey’s Pizza Asia Ventures Inc. is ramping up the expansion of newly-acquired Potato Corner with the aim of doubling its store count in three to four years instead of the previous plan of five to seven years.

Shakey’s Pizza Asia Ventures, Inc. reported a net income of P121 million last year from the net loss of P254 million in 2020 as the economy started to reopen late in 2021.

Shakey’s Pizza Asia Ventures, Inc. has opened its first outlet in Singapore at the Lucky Plaza Mall along Orchard Road, catering to both locals and the Filipino community.

Shakey’s Pizza Asia Ventures, Inc. (PIZZA), the leading full-service restaurant chain group in the Philippines controlled by the Po family, is buying the popular Potato Corner, one of the leading food kiosk brands in the country.

The Gokongwei family’s investment in Shakey’s Pizza Asia Ventures Inc. is resulting in synergies between the Gokongwei’s retail business and the restaurant chain.