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Jollibee Singapore has opened its 20th location in Singapore – and its first in the city to feature a drive-thru service – at Caltex Jurong Spring station. “This milestone coincides with our 10th anniversary in Singapore, during which time we have expanded…
Jollibee Foods Corporation (JFC) has formed a joint venture company with Singapore-based Food Collective Pte. Ltd. (FCPL) to launch Common Man Coffee Roasters and Tiong Bahru Bakery in the Philippines. The joint venture company will franchise the café chains…
Jollibee Foods Corp, the biggest fast-food operator in the Philippines, is in advanced discussions to sell a minority stake in its Vietnamese coffee chain Highlands Coffee, two sources with knowledge of the matter told Reuters. Jollibee, controlled by…
Filipino foodservice giant Jollibee Foods Corporation will end its operation of Dunkin’ in China after struggling to expand the business. The joint venture agreement with the US coffee and donut chain began in January 2015 with Jollibee planning to open more…
Philippine fast food chain operator Jollibee Foods on Wednesday said it will inject over $60 million into its dim sum chain, Tim Ho Wan, to expand in mainland China, where strict COVID-19 lockdowns have battered the restaurant industry. Jollibee, which aims…
All four brands that Jollibee Foods Corp of the Philippines operates in Vietnam, including coffee chain Highlands Coffee, posted losses last year. The corporation, founded by Filipino billionaire Tony Tan Caktiong, established its first company in the…
Jollibee Foods Corp has acquired a majority stake of Milkshop International, operator of Taiwanese milk tea chain Milksha, through its subsidiary Jollibee Worldwide. The acquisition deal, equivalent to 51 per cent ownership, is valued at approximately US$12.8…
Jollibee Foods Corp (JFC) is to buy out its minority joint-venture partners in the private-equity firm that owns the Tim Ho Wan business, giving the Philippine company full control. Jollibee Worldwide, which already owns 85 per cent of Titan Dining, will pay…
The Jollibee Group opened their third Michelin-starred Tim Ho Wan branch in China on Sunday, July 11, in Shanghai’s Changning District, located at Nanfeng City Shopping Mall. The new store is located a few minutes away from the Shanghai Hongqiao International…
Despite uncertainties in the food industry due to the coronavirus pandemic, Jollibee Foods Corporation is increasing its stake in the ultimate holding entity of popular restaurant chain Tim Ho Wan. Through its subsidiary Jollibee Worldwide, it increased its…
Filipino restaurant operator Jollibee Foods is set to open 171 stores globally and renovate 96 outlets this year, aiming to capture prime locations made available in a weak economic climate brought on by the coronavirus pandemic. While that number of planned…
A Jollibee Singapore outlet is among several businesses fined SG$1000 for breaches of the government’s social distancing mandate. Official enforcement measures found the franchise’s Woodlands MRT branch had neglected to ensure queueing customers and food…
As the community quarantine continues all over Luzon, Philippine conglomerate SM Group has committed to maintaining regular pay for all of its employees, without deductions from their vacation or sick leave entitlements. The company will also give a US$97.64…
Philippine restaurant brand Jollibee Foods suffered a 14.4-per-cent drop in earnings last year after operating income fell by 25.1 percent. However, a strong fourth quarter prevented a worse annual result, with operating income up 11.6 per cent on a…
Filipino fast-food chain Jollibee plans to expand its store network in North America to 250 by 2023. Its parent company Jollibee Foods Corporation (JFC) said it is committing to further expand the brand in North America, having identified the region as a key…
Filipino restaurant operator Jollibee Foods Corporation (JFC) has signed a joint venture agreement with Dim Sum to operate Tim Ho Wan restaurants in China. JFC’s wholly-owned subsidiary Golden Plate will own 60 percent of the joint venture and Dim Sun will…
