Tag: Jollibee
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Jollibee plans 800 new stores, P21B capex in 2025
Jollibee Foods Corp. is cooking up another global growth push, setting aside P18 billion to P21 billion this year to open as many as 800 new stores—an expansion that could grow its footprint by up to 8 percent worldwide.
Sia, Tan Caktiong top off Hotel101 Madrid
Mang Inasal founder Injap Sia and Jollibee founder Tony Tan Caktiong marked a major milestone on April 11 with the topping-off of the 680-room Hotel101-Madrid—just 11 months after construction began. The hotel is set to open in December 2025, in time for the highly anticipated Formula 1 Grand Prix in Madrid.
Jollibee Worldwide plans U.S. dollar bond offering
Jollibee Worldwide Pte. Ltd. (JWPL), a subsidiary of Jollibee Foods Corp., has appointed J.P. Morgan and Morgan Stanley as joint global coordinators and bookrunners for a potential U.S. dollar-denominated bond offering.
Jollibee global expansion boosts earnings, profits up 18%
Jollibee Foods Corp. continued its steady expansion both locally and abroad, driving an 18 percent rise in net income to P10.32 billion last year. The growth keeps the company on track to meet its five-year goal of tripling net profit to P26 billion by 2028.
Four of 17 Jollibee food brands adjudged ‘America’s favorite’
The influential Newsweek magazine has named four of Jollibee Foods Corp.’s brands as America’s favorite.
