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McDonald's Philippines, known locally and colloquially and shortened as McDo [3] (), is the master franchise of the multinational fast food chain McDonald's in the Philippines. The master franchise is held by the Golden Arches Development Corporation , a subsidiary of Alliance Global Group .
George T. Yang is a Filipino businessman, investor, singer, and former diplomat who owns the master franchise of McDonald's in the Philippines through Golden Arches Development Corporation (GADC). He is the founder of McDonald's Philippines through the company GADC and opened the first branch in Morayta (now Nicanor Reyes Street) in 1981, then ...
Jollibee experienced rapid growth. It was able to withstand the entry of McDonald's in the Philippines in 1981 by focusing on the specific tastes of the Filipino market, which differed from the American fast food company. [16] On July 13, 1993, JFC was listed at the Philippine Stock Exchange. [17]
As of March 31, McDonald's has 42,018 restaurants, but just 2,153 -- or 5% -- are company-owned and operated. McDonald's owns the land and the intellectual property, and collects royalties from ...
That's why McDonald's is often described one of the world's biggest real estate companies -- it owns more than $40 billion worth of property and related equipment. And yes, this makes a world of ...
Alliance Global, Inc. (AGI), styled on its logo as AllianceGlobal and also known as Alliance Global Group, is a Philippine conglomerate founded in 1993, it is a large holding company with business activities spanning the food and beverage industry (including both production and restaurant operations), gambling, and real estate development.
Neo - is the owner, developer, and manager of the Philippines' top certified green buildings located in Bonifacio Global City. [19] [25] - (SM owns 95% in Neo Subsidiaries and 34% in Neo Associates) Philippine Geothermal Production Company (PGPC) - geothermal development company owned by Allfirst Equity Holdings (AEH) [16] - (SM owns 100%)
The oldest operating McDonald's restaurant is the third one built, opened in 1953. It is located at 10207 Lakewood Blvd. at Florence Ave. in Downey, California (at . Siblings Richard and Maurice McDonald opened the first McDonald's at 1398 North E Street at West 14th Street in San Bernardino, California, on May 15, 1940.