Aiko TanakaFood
Jollibee Shifts International Spinoff Listing to Hong Kong
JFCI will house all restaurant assets outside the Philippines, leaving the parent firm focused exclusively on its domestic business.
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Jollibee
Every story tagged Jollibee on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged Jollibee
114 stories in this topic
Rajiv MenonReal Estate
Jollibee Billionaire-Backed Hotel101 Pours $200M into Thai Hotel Expansion
Hotel101 Global, a venture supported by Jollibee Foods founder Tony Tan Caktiong, is marking its expansion into Thailand with an investment of US$200 million. This investment is aimed at the development of three new hotels in Southeast Asia’s top tourist…
Rajiv MenonFood
Global Expansion Fuels Record-Breaking Q4 Earnings for Jollibee Foods Corporation
Jollibee Foods Corporation achieved record earnings in Q4, driven largely by an increase in demand and enhanced operational efficiency, according to CEO Ernesto Tanmantiong. Stellar Performance Tanmantiong expressed pride in the company’s performance over the…
Aiko TanakaFood
Jollibee’s Record-Breaking Q4: Global Sales Soar, Boosted by Impressive Coffee and Tea Segment Growth
In a solid display of global retail growth, Jollibee Group (JFC) concluded its financial year of 2025 with impressive fourth-quarter earnings and continued expansion worldwide. The group successfully enhanced its store network and achieved robust growth in…
Aiko TanakaFood
Jollibee Amplifies Asian Footprint with Hot Pot Acquisition and Compose Coffee Expansion
Jollibee Foods Corporation (JFC) is accelerating its expansion across Asia with the purchase of a South Korean hot pot buffet chain and the impending introduction of a rapidly expanding Korean coffee brand into the Philippines. Acquisition of Shabu All Day…
Minjun ParkFood
Jollibee Foods Sizzles up Asian Market with Korean Hot Pot Acquisition and Compose Coffee Expansion
Jollibee Foods Corporation (JFC), a dominant player in the food service industry, is poised to strengthen its position in Asia through the acquisition of a South Korean hot pot buffet brand, Shabu All Day, and the anticipated introduction of a rapidly-growing…
Aiko TanakaFood
Jollibee Group’s Remarkable Global Surge: Coffee Leads the Way and Chinese Cuisine Gains Momentum
The Jollibee Group has recorded impressive progress in its coffee, tea, and Chinese cuisine sectors, bolstered by an aggressive international expansion strategy, enhanced store operations, and unwavering commitment to the performance of its flagship brands.…
Maria SantosFood
Jollibee Gears Up for US Listing: Spinning Off Global Operations in Strategic Business Split
Jollibee Foods Corp, a major player in the foodservice industry, has announced its intention to separate its international operations from its existing company structure. This significant move involves setting up a new, independent entity, which will be…
Maria SantosFood
Jollibee Foods Reports 5.6% Rise In Q2 Net Income, Fueled By Overseas Growth And Record Sales
Jollibee Foods Corporation (JFC), a leading global fast-food company, has reported a 5.6% year-on-year rise in the second quarter’s attributable net income, reaching $57.78 million. This increase was primarily fueled by robust gains from the firm’s overseas…
Aiko TanakaFood
Jollibee Group Unveils Global Expansion Plan With Comprehensive Rebranding Strategy
Jollibee Foods Corporation (JFC) has recently undergone a rebranding effort, now going by Jollibee Group, with an eye on further global expansion. Rebranding for Global Growth Despite retaining its legal entity as JFC, the firm has announced that this…
Aiko TanakaFood
Jollibee Becomes Brunei’s No.1 Fastfood Chain
Chargé d’ Affaires, a.i Pete Raymond V. Delfin of the Philippine Embassy in Brunei Darussalam met with Jollibee Foods Corporation Assistant Vice President Rodel F. Alcantara, and Jollibee Country Head Christina R. Ward at the Embassy on 10 August 2018. Mr.…
Sarah ChenFood
Jollibee Hong Kong unveils new design concept
The renowned Filipino fast-food chain, Jollibee recently revealed a revitalized restaurant concept in Hong Kong which has been developed by the London-based design studio, Shed. This reimagined design will be implemented in five new stores. It incorporates a…
Aiko TanakaFood
Jollibee Foods targets 10,000 global restaurants this year
The Philippines-headquartered restaurant group Jollibee Foods plans to have 10,000 eateries globally this year, with a focus on North America. The company, known for its fried chicken Jollibee chain, eyes to invest PHP18-21 billion (US$312-364 million) to…
Sarah ChenFood
Jollibee posts double-digit growth, boosted by coffee and tea brands
Jollibee Foods Corporation (JFC) posted strong double-digit growth in 2024, with its coffee and tea brands playing a key role in driving revenue and profits. The company’s revenue rose 10.6 percent year-on-year (YoY) to US$4.7 billion, while EBITDA (earnings…
Sarah ChenFood
Jollibee secures approval to lift foreign ownership limit
F&B giant Jollibee Foods Corporation (JFC) has received approval from the Philippine Stock Exchange (PSE) to remove its 40 percent foreign ownership limit. The decision follows the company’s amendment request to its articles of incorporation, which also…
Rajiv MenonFood
Jollibee Foods takes full ownership of Tim Ho Wan
Jollibee Foods Corporation has fully acquired Tim Ho Wan, taking over the remaining 8 percent of the Hong Kong restaurant business for SG$20.2 million (US$15.1 million). Since January this year, Jollibee has held a 92 percent stake at Titan Fund, the owner…