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Jollibee expand with Taiwan's 12 Sabu

Jollibee Foods Corportation expand businees with joint venture from Taiwan's hot-pot cuisine '12 Sabu'. Jollibee Foods Corp. on Wednesday beefed up its international business after forming a joint venture with a Taiwanese company for a hot pot food venture, according to AKTV report . In a disclosure to the Philippine Stock Exchange, the homegrown fast-food giant said its wholly-owned subsidiaries Jollibee Worldwide Pte. Ltd. and Golden Plate Pte. Ltd. have entered into an agreement primarily with Hoppime Ltd., a subsidiary of Wowprime, to establish a company that will own and operate the 12 Sabu brand in China, Hong Kong, and Macau. The 12 Sabu brand features "low-priced hot-pot dishes served in a clean and bright dining environment. It highlights safe and fresh food which each customer cooks in individual fast-heating stone hot pots." 

Jollibee King- Jollibee buys Burger King franchise for 65.5 Million

Philippine fastfood giant Jollibee Foods Corp. buys Burger King franchise after Chowking and Mang Inasal, according to the report from Philippine Daily Inquirer: Jollibee has cemented its leading position in the highly competitive quick-service restaurant industry by taking over the Philippine operations of American chain Burger King. The deal allows JFC to gain a foothold into the premium segment of the hamburger category in the fast-food business as the group was expecting the premium price segment of the market "to grow appreciably in the years ahead as the Filipino consumers' standard of living rises from the growing economy." In a disclosure to the Philippine Stock Exchange Friday, Jollibee announced that it has signed an agreement acquiring a 54-percent stake in BK Titans Inc., owner of PERF Restaurants that, in turn, is the sole franchisee of the Burger King brand in the Philippines. The deal was priced at 65.5 million pesos (US$1.49 million). Burger King has

Jollibee

Since I, myself is a Jollibee kid (at least by heart), therefore I would like it to be the very first Fastfood Chain to be featured in this blog. My favorite  is of course "Chicken Joy". Here are some information about the largest fastfood chain in the country. Jollibee Foods Corporation is the parent company of Jollibee a fast-food restaurant chain based in the Philippines. Among JFC's popular brands are Jollibee, Chowking, Greenwich, Red Ribbon, and Manong Pepe's. Since its inception, Jollibee has become an increasingly profitable fast-food chain with 686 restaurants in the Philippines and 57 in other countries employing 29,216 workers. Including all its brands, JFC has 1,804 stores worldwide and total sales of more than US$1 billion as of December 2008. In addition to its subsidiaries, JFC was the Philippine franchise holder of Délifrance until late-2010, when both companies severed their ties. All former Délifrance branches now operate as CafeFrance, which is

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