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CEO Ernesto Tanmantiong wants to break into the world’s top five restaurant companies by market cap.
In 2011, JFC opened 260 new stores, of which 167 were in the Philippines led by Mang Inasal (86) and Jollibee (40). This brought the company's total number of stores to 2,001 as of the end of December 2011. The same year, Jollibee closed Manong Pepe foodchain in favor of Mang Inasal, [18] and sold Délifrance to CaféFrance. [19]
Vietnam is the only country (besides the Philippines) to have 100 or more Jollibee outlets. The first Jollibee branch in Vietnam was opened in October 1996 at the Superbowl Mall in Ho Chi Minh City. [49] By 2010, Jollibee had 10 locations in Vietnam, all located in Ho Chi Minh City except for a lone branch located in Bien Hoa City. [49]
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]
Jollibee Foods Corporation: Max's Restaurant: Casual dining: 1945: Max's Group: McDonald's: Fast food: 1981 [12] Golden Arches Development Corporation: American fast food chain. Master franchise in the Philippines is owned by a local company associated with George Yang. [13] Orange Brutus Fast Food: 1980 Brutus Food Systems Inc.
Tan Caktiong was born on January 5, 1953 in the then-undivided province of Davao (in now Davao del Sur) to Chinese immigrant parents from Fujian. [6] His father worked in a restaurant in China and as a cook in a Buddhist monastery in Manila before setting up his restaurant in Davao City. [7]
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.
The northern portion of the area is part of Quezon City.It is situated south of Ugong Norte. The EDSA Shrine and Robinsons Galleria is situated here. Robinsons Galleria is a mixed-use complex composed of two high-rise office towers namely the Galleria Corporate Center and the Robinsons Equitable Tower, the Holiday Inn Manila Ortigas and Crowne Plaza Manila Galleria, the Galleria Regency and a ...