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Tony Tan Caktiong, CM (simplified Chinese: 陈觉中; traditional Chinese: 陳覺中; pinyin: Chén Juézhōng; Pe̍h-ōe-jī: Tân Kak-tiong; born January 5, 1953) is a Filipino businessman and investor. He is the founder and chairman of Jollibee Foods Corporation, and the co-chairman of DoubleDragon Properties.
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]
An outlet of Jollibee, the company's primary fast food brand, in Santa Maria, Bulacan. In 1975, Tony Tan Caktiong and his family opened a Magnolia Ice Cream parlor in Cubao, Quezon City [8] which is credited as the first Jollibee outlet. [9]
Owned by billionaire Tony Tan Caktiong, the Jollibee Foods Corporation (JFC) now has 19 brands spanning multiple countries, including Coffee Bean and Tea Leaf, Smashburger, Rick Bayless Tortazo ...
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.
The Manila-based chain draws long lines when new stores open. There are now almost 100 in the U.S. and Canada.
He wanted to adopt the fast food format, providing an alternative to the leading Western-style fast food chains such as Jollibee and McDonald's. [5] Chowking Food Corporation was incorporated on February 19, 1985. The principal investors were Kuan, Jollibee founder Tony Tan Caktiong and Wilson Chu. After two years, Kuan and Caktiong bought Chu ...
In an October 2015 forum, Jollibee president and CEO Tony Tan Caktiong announced that Jollibee planned to open their first branches in Australia and Japan by 2018. [68] [69] In a signing ceremony on 26 October 2016, Caktiong said that Jollibee might open stores in Japan in 2018. [107]