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Jollibee Foods Corporation (abbreviated as JFC and Jollibee Group; [5] also known as Jollibee after its primary fast food brand) is a Philippine multinational company headquartered in Pasig, Metro Manila, Philippines. JFC is the owner of the fast food brand Jollibee.
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]
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.
Bakery, part of Jollibee Foods Corporation: P A Regal Entertainment: Consumer services Broadcasting & entertainment Quezon City: 1962 Television and film production P A RFM Corporation: Consumer goods Food products Mandaluyong: 1957 Food and beverage P A Rizal Commercial Banking Corporation: Financials Banks Makati: 1960 Universal bank P A ...
CEO Ernesto Tanmantiong wants to break into the world’s top five restaurant companies by market cap.
Jollibee's acquisition of Chowking Food Corporation from its holding company, Antares Holdings, Inc., was completed in March 2000. [ 14 ] [ 19 ] Rufino L. dela Rosa, [ 20 ] Jollibee's vice president , stated that the merger would cut down Chowking's supply, marketing and administrative expenses and maximize storage space, especially if new ...
The first Jollibee outlet in Italy and in whole of Europe opened at the Piazza Diaz 7 [81] [82] in Milan, Italy, on March 18, 2018. [83] Jollibee Foods Corporation's entrance in the European market was a result of a joint venture with Singapore Blackbird Holdings. [82] JFC announced the joint venture in April 2017. [84]