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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 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 at Rizal, Nueva Ecija. Tan Caktiong founded the fast-food chain Jollibee in 1978 after starting it as an ice cream parlor in 1975. [10] Expansion and acquisition of Greenwich Pizza Corp. [10] enabled it to enter the pizza-pasta segment.
Date of first store First outlet location Current number of outlets (date of source) Notes 1 Philippines June 1978: Cubao, Quezon City: 1,151 (February 2024) [5] Jollibee has 8 outlets in Metro Manila at the time of its incorporation. It credits the Cubao branch as its first outlet.
The company was founded by Herbert Hyman ... (JFC) acquired The Coffee Bean & Tea Leaf for $650 million, making Jollibee's biggest investment to date. [6]
The City of Fresno has approved Jollibee’s conditional-use permit for a restaurant with a drive-thru and patio. In February, the company applied for various permits needed to start work ...
In October 2010, 70% of Mang Inasal was acquired by Jollibee Foods Corporation (JFC), for ₱3 billion ($68.8 million). [5] JFC acquired in April 2016 the remaining 30% previously belonging to Injap Investment owned by Inasal's founder, folding the roasted chicken and barbecue business into its operations and portfolio.
Jollibee of the Jollibee Foods Corporation is often referred to as McDonald's Philippines primary competitor. [4] [17] The Philippine fast food industry is led by Jollibee, with McDonald's placing second with The Economist in 2002 noting the Philippines as one of the few markets where McDonald's is not the leading fast food chain. [18]