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By the end of 2019, Jollibee had 1,200 stores in the Philippines. [10] As of September 2023, Jollibee operates over 1,500 stores, 1,150 of which are in the Philippines. 2 Singapore January 12, 1985 [11] Katong: 17 (March 2024) [12] Jollibee's first overseas location opened at Roxy Square in 1985, which was operated by Jollibee Foods (Far East ...
Fans of Jollibee’s Chickenjoy fried chicken in the United States now have fresh flavors to pair with the food lineup, as the Philippines-based chain this month unveiled a new Signature Sips menu ...
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]
[b] The Wall Street Journal called it the Philippines' most successful Chinese food chain. [14] In a televised interview, Kuan said that he sold Chowking to Jollibee because "the offer was good and it was time to let go". [15] In the 1990s, Chowking held the naming rights to Chowking Fastfood Kings, a Philippine Basketball League (PBL) team. [16]
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. [29] [30] [31] In 2006, Jollibee Menu purchased 70% of Shanghai-based restaurant Lao Dong in June and Taichung-based Chun Shui Tang tea house.
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 ...
In 2019, the Philippines' Jollibee Foods Corporation (JFC) acquired The Coffee Bean & Tea Leaf for $650 million, making Jollibee's biggest investment to date. [6] JFC bought it through Java Ventures LLC, a company from the US wholly owned subsidiary of Super Magnificent Coffee Company Pte. Ltd. in Singapore , a subsidiary of Jollibee Worldwide ...
He is the founder and chairman of Jollibee Foods Corporation, and the co-chairman of DoubleDragon Properties. Forbes listed him as the fifth richest person in the Philippines in 2023, with an estimated net worth of US$3.2 billion. [5]