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Jollibee is a Filipino chain of fast food restaurants owned by Jollibee Foods Corporation (JFC) which serves as its flagship brand. Established in 1978 by Tony Tan Caktiong, it is the Philippines' top fast food restaurant [3] and is among the world's fastest growing restaurants, [4] expanding its international presence from 2014 to 2024 almost sixfold. [5]
Today, Jollibee controls about 50% of the Philippines’ chicken-and-burger market, to McDonald’s 29%. But it wasn’t enough for JFC to be No. 1 in hamburgers and fried chicken.
In 2004, Jollibee Foods Corporation acquired Chinese fast food chain Yonghe Dawang for $22.5 million. Jollibee entered into a joint-venture contract with US-based Chow Fun Holdings LLC, the developer and owner of Jinja Bar Bistro in New Mexico, in which Jollibee acquired a 12% stake for $950,000.
As of March 2024, Jollibee had 17 locations on the island city-state and operated from delivery-only kitchens. [12] 3 Taiwan 1986: Former location, see below: 4 Brunei August 22, 1987: Bandar Seri Begawan: 17 (January 2019) [15] Jollibee opened its first outlet at the Utama Bowling Centre in Bandar Seri Begawan. [16] 5 Indonesia 1991: Former ...
Jollibee Foods Corporation: Jollibee: Fast food: 1978 [9] Jollibee Foods Corporation: Fast food which serves American-influenced Filipino cuisine. An off-shoot of a Magnolia ice cream parlor franchise established by Tony Tan Caktiong in 1975. [9] Goldilocks Bakeshop: Bakery: 1966: KFC: Fast food: 1967 [10] Yum! Brands: American fast food chain ...
From the IS4S Salute to Veterans Bowl on Dec. 14 to the College Football Playoff National Championship Game on Jan. 20, 82 teams will play in at least one postseason game.
Then, in 2006, Jollibee bought out the remaining shares of its partners in Greenwich for ₱384 million, giving rise to a new company known as the Greenwich Pizza Corporation. [3] The franchise experienced rapid expansion from the original 50 stores in 1994 to over 240 stores with an annual revenue of over ₱4 billion in 2005.
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