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Jollibee Foods Corporation: Jamba Juice: Fast food: 2011 Max's Group: Jollibee: Fast food: 1978 [10] Jollibee Foods Corporation: Fast food which serves American-influenced Filipino cuisine. An off-shoot of a Magnolia ice cream parlor franchise established by Tony Tan Caktiong in 1975. [10] KFC: Fast food: 1967 [11] Yum! Brands: American fast ...
The franchise agreement between the company and Délifrance Asia ended on December 31, 2011, and assets of Délifrance in the Philippines were sold to CafeFrance Corp. [55] CafeFrance Corp. intended to use all of the bought assets as its initial capital for a cafe chain under the a new brand name. [56] A Burger King outlet in Baliwag, Bulacan
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]
Vietnam is the only country (besides the Philippines) to have 100 or more Jollibee outlets. The first Jollibee branch in Vietnam was opened in October 1996 at the Superbowl Mall in Ho Chi Minh City. [49] By 2010, Jollibee had 10 locations in Vietnam, all located in Ho Chi Minh City except for a lone branch located in Bien Hoa City. [49]
CEO Ernesto Tanmantiong wants to break into the world’s top five restaurant companies by market cap.
The first Burger King branch in the Philippines opened at Robinsons Galleria, Quezon City in December 1997. [59] PERF Restaurants Inc. (formerly PhilKing Restaurants and Development Corp.), the Philippine franchisee of Burger King, was owned by Ayala Corporation until it was sold to BK Titans Inc. in 2006. [60]
Tan Caktiong was born on January 5, 1953 in the then-undivided province of Davao (in now Davao del Sur) to Chinese immigrant parents from Fujian. [6] His father worked in a restaurant in China and as a cook in a Buddhist monastery in Manila before setting up his restaurant in Davao City. [7]
Restaurant Brands International reported Q4 2022 earnings on Tuesday, February 14 before the market open that mostly were in line with expectations.This quarter, which ended December 31, 2022 ...