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Home-grown fast food giant Jollibee Foods Corp. (JFC) is planning to expand its global presence by opening up to 600 new stores this year. In a Thursday disclosure to the Philippine Stock Exchange, JFC said it plans to open 550 to 600 owned and franchised…
Fast-food chain Jollibee Foods Corporation is seeking acquisitions to accelerate expansion plans in China and the US. Targets could include other fast-food chains as well as fast-casual restaurants like Smashburger, the US franchise of which Jollibee owns 40…
Asia’s largest fast food player -Philippines-based Jollibee Foods, is seeking to take full control of China’s Happy Bee Foods Processing. The Manila company will buy an extra 30 per cent stake for US$10.4 million. Jollibee, which now has a 70 per cent stake…
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