Jollibee
Jollibee Foods Corporation is one of the fastest-growing Asian restaurant companies in the world. It or its affiliates operate in 33 countries, with over 5,800 stores globally.
Weekly Global Wrap: Burger King faces lawsuit; McDonald's promo stunt for Marvel; Jollibee extends partnership with San Miguel
Weekly Global Wrap: Burger King faces lawsuit; McDonald's promo stunt for Marvel; Jollibee extends partnership with San Miguel
Here is a summary of the most interesting QSR news stories of the week globally.
Jollibee Q2 sales climbs 16.9% in Q2
It's China business fueled the Philippine-based company’s international growth.
As demand soars, some Philippine Jollibee, McDonald’s stores face chicken supply crunch
Some customers have taken to social media to complain about being unable to buy some signature items.
Jollibee Singapore closes Jurong East MRT outlet
The chain has no less than 10 outlets in the Lion City.
Jollibee’s profit spikes 1,400% in Q1 due to asset sale
System-wide sales, including those from franchised locations, rose 25.5%.
Jollibee CFO Ysmael Baysa to retire on April 30
He will be succeeded by Richard Chong Woo Shin.
Jollibee's latest safety video spotlights “newfound joy” of dining in-store after years of varying restrictions
Also highlighted were the chain’s fully vaccinated store teams and checking of vaccination cards for indoor dining.
Jollibee opens 150th store in Vietnam
The country is one of the brand’s most important markets, according to their group CEO.
Jollibee opens first store in Vancouver
This is the Philippine brand’s 23rd store in Canada.
Jollibee earmarks U$347m in capex after going back to profitability
The company, which has 17 brands in 34 countries, plans to add 500 new stores this year.
Jollibee ramps up expansion of three brands across China
The company described the country as one of their "four pillar markets".
Jollibee, Yum China, RBI considering bids for Chinese restaurant chain Wagas: report
The owners of the Wagas business are seeking a valuation of US$800 million to US$1 billion or more.
Jollibee ups investment in Tim Ho Wan holding firm
The move comes amidst plans to aggressively expand Tim Ho Wan in China.
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