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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 locations, Seafood City also features locally owned Filipino video rental stores, immigration offices, travel agencies, and restaurants.
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]
Max's Restaurant, chain with 170+ branches in the Philippines and branches in 8 U.S. states, 5 Canadian cities, and one in Saimya, Kuwait Musang , Seattle Neng Jr.'s , Asheville, North Carolina, U.S.
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In 2024, Singapore-based equity firm Venturi Partners invested US$25 million in Dali, [6] while DEG, the investment arm of the German state-owned development bank KfW, invested another US$8.4 million. [7] In April 2024, the number of stores increased to 630 (all in Luzon), with plans have a total of 950 stores by the end of the year. [8]
With the success of its flagship brand, JFC acquired some of its competitors in the fast food business in the Philippines and abroad such as Chowking, Greenwich, Red Ribbon, and Mang Inasal. [6] As of September 2022, [update] JFC operates more than 6,300 stores worldwide, [ 7 ] with system-wide retail sales totaling ₱ 210.9 billion .
Some big companies practice multi-branding -- running apparently competing brands within the same industry to soak up more market share. Competing brands that are actually owned by the same ...
The 100th branch in the Philippines opened in Davao City in 1991 while its 500th store opened in Basilan in 2004. [6] There were 954 Jollibee branded restaurant locations in the Philippines officially recorded to be operating during November 2016. [8] The 1,000th Jollibee store in the country at the Bonifacio Global City was opened in 2017. [9]