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This is a list of countries with Jollibee franchises. This list only includes the Jollibee fast food chain brand of Jollibee Foods Corporation (JFC) and excludes other brands owned by the company. As of September 2023, Jollibee operates over 1,500 stores worldwide.
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 December 2018, Jollibee acquired 100 percent of the shares in Smashburger, gaining full control of the American hamburger chain. [ 38 ] On September 7, 2018, Jollibee Foods Corporation announced its acquisition of a 47% stake in US-based Mexican food restaurant, Tortas Frontera of Rick Bayless for $12.4 million.
The chain offers a wide selection of imported Asian goods as well as American staples. As its name suggests, Seafood City provides fresh seafood, as well as meat and produce. In some of its locations, it acts as a marketplace and serves as an anchor to Filipino businesses such as Chowking, Red Ribbon, Jollibee, and Tokyo Tokyo. In other ...
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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]
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. [5]
“For the first time in over a year,” said Laurie Schalow, Chipotle's chief corporate affairs officer, “We have taken a modest price increase of approximately 2% nationally to offset inflation."