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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]
Jollibee opened its first branch in Hong Kong in 1996 [46] in the Central District [47] when it was still under British administration. The number of outlets in the city which shortly became a Chinese territory grew to five but the fast food brand saw closure of outlets. [47] In 2016, Jollibee started reopening outlets.
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] Overseas, Jollibee opened 93 stores, led by Yonghe King in China (70) and Jollibee Vietnam (11). [20]
With more than 70 locations in the United States and over 1,650 across 17 countries, Jollibee is one of the world’s fastest-growing restaurant chains.
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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 ...
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