Jollibee Food Corporation - updates

Rappler's latest stories on Jollibee Food Corporation

ARTICLE FINDER

Smashburger, Red Ribbon hurt Jollibee's profits in H1 2019

Aug 05, 2019 - 5:25 PM

Jollibee's net income for the 1st half of 2019 drops by 34.4% to P2.7 billion, mainly due to Smashburger's losses and lower sales from Red Ribbon

Jollibee shares drop after news of Coffee Bean acquisition

Jul 24, 2019 - 8:35 PM

Jollibee's stock price goes down by 8% on Wednesday, July 24, and closes at P251, its lowest since October 2018

LOOK: Jollibee opens store in Guam

Apr 06, 2019 - 5:25 PM

The new Jollibee store seats 205 and is located in front of Micronesia Mall in Dededo, the most populous village in Guam

NEW STORE. Jollibee opens its 38th store in the United States in Guam. Photo courtesy of Jollibee Foods Corporation

London to taste Jollibee's Chickenjoy starting October 20

Sep 26, 2018 - 1:40 PM

Jollibee will open its first London branch in the district of Earl's Court, a central hub of the Filipino community there

Jollibee, Dole, PLDT among top companies 'engaged' in illegal contracting

May 28, 2018 - 3:20 PM

The Department of Labor and Employment says 767 companies were engaging in the labor-only contracting, while 2,610 companies were suspected.

BRIEFING. Labor Secretary Silvestre Bello III on May 28, 2018 says he submitted the list of companies engaged in illegal contracting to Malacanang. Photo by Aika Rey/Rappler

Jollibee to buy master franchise holder of Tim Ho Wan

May 09, 2018 - 7:00 PM

Jollibee Foods Corporation is acquiring the master franchise holder of the Michelin-star dim sum restaurant chain through a private equity fund investment

#ThewRap: Things you need to know, May 9, 2018

May 09, 2018 - 11:31 AM

Hello! Here's a roundup of news you need to know this Wednesday.

CJ Sereno returns to SC Photo by Maria Tan

Jollibee delivery website suspended over 'serious vulnerabilities'

May 08, 2018 - 9:13 PM

(UPDATED) The National Privacy Commission orders the suspension, saying that around 18 million users of Jollibee's delivery website are at risk


#ThewRap: Things you need to know, April 5, 2018

Apr 05, 2018 - 10:30 AM

Hello! Here are the stories you shouldn't miss this Thursday.

PAIN. This night is forever etched in the memory of Nanette Castillo. The night unindentified gunmen shot and killed her son, Aldrin in front of their house in Tondo, Manila. Photo by Noel Celis/AFP

Jollibee stocks suffer after DOLE order to regularize over 6,000 workers

Apr 04, 2018 - 7:20 PM

Listed Jollibee Foods Corporation argues that it complies with the Labor Code, which allows 'contracting arrangements with legitimate service providers'

SHARES PLUNGE. Jollibee shares plunged 3.85% to settle at P285 each at the close of trades on Wednesday after the Department of Labor and Employment (DOLE) ordered Jollibee to regularize 6,482 workers. Photo by Alecs Ongcal/Rappler

Jollibee takes bigger bite out of U.S.-based Smashburger

Feb 13, 2018 - 5:10 PM

The homegrown fast-food giant will acquire an additional 45% stake in the American burger chain for $100 million

Jollibee-Globe deal allows free calls for delivery

Oct 02, 2017 - 4:50 PM

Globe subscribers can now call Jollibee's delivery hotline #87000 for free through their mobile phones. The service will also come to Burger King, Greenwich, Mang Inasal, and Chowking.

Jollibee eyeing British food chain Pret a Manger – report

Sep 19, 2017 - 12:47 PM

Jollibee is reportedly in talks for a possible $1-billon takeover of British sandwich chain Pret a Manger

STRANGE COMBINATION. Jollibee, homegrown fast food chain popular for its fried chicken and sweet-style spaghetti, is reportedly looking at acquiring Pret A Manger, a British company known for its organic coffee and fresh sandwiches. File image

Jollibee eyes branches in Toronto, Manhattan and Japan

Jun 30, 2017 - 7:41 PM

The fast food giant is on an expansion spree – with Manhattan and Toronto targeted by the end of the year

Jollibee sorry for viral 'Versace on the Floor' dancing video

May 22, 2017 - 8:35 PM

Jollibee Foods Corporation says the naughty performance was a deviation from the standard mascot and party guidelines

Tony and the 'Bee:' First the Philippines, then the world

Apr 04, 2017 - 5:20 PM

Tony Tan Caktiong, Chairman and Founder of Jollibee, is a true “Bossing” not because he knows how to succeed – but because he knows how to dream big

Jollibee to set foot in Europe

Apr 03, 2017 - 3:37 PM

The Filipino fast food giant plans to open its first Europe store in Italy where around 200 000 Filipinos reside

HELLO, EUROPE! Jollibee has been planning to go to Europe given the growing population of overseas Filipinos and Filipino migrants in that region. Photo by Rob Reyes/Rappler

Jollibee to continue stinging McDonald's despite labor issues

Mar 29, 2017 - 6:51 PM

At present Jollibee already has 978 stores nationwide while McDonald s has 521 stores

HUNGRY FOR MORE. Jollibee, known for its Chickenjoy fried chicken and sweet spaghetti, tells the Philippine Stock Exchange that the brand expects to maintain significant lead over its key competitor in the coming years. Rappler file photo

Jollibee craves for more stake in Smashburger

Mar 14, 2017 - 7:51 PM

Acquiring more stake in Smashburger will allow Jollibee to take advantage of Americans increasing appetite for upmarket fast food chains

BIGGER BITE. Jollibee says acquisition of stake in Smashburger will make its presence in the US more significant. Rappler file photo

With 340 new stores, Jollibee's net income surges by 24.6%

Feb 14, 2017 - 6:19 PM

Jollibee records the highest number of store opening in a single year in the history of the fastfood firm

FOOD GIANT. Jollibee reports higher earnings for 2016. Photo by Agence France-Presse

Wanted: Younger farmers in PH

Feb 02, 2017 - 6:18 PM

Faced with a possible workforce gap companies are working with colleges and universities to provide young Filipinos the education needed to succeed in agriculture

BOOST AGRI. The joint venture partners will transform STI College–Tanauan in Batangas to be the initial vehicle for this collaboration. Rappler file photo

Jollibee completes 2nd divestment in a month

Jan 04, 2017 - 11:45 AM

The fast food giant says its divestment is in line with the decision to focus on building Yonghe King its largest business in China

IMPORTANT MARKET. Jollibee's China operations has been on a decline due to stiff competition. China is one of the most important overseas markets for Jollibee outside the Philippines. Rappler file photo

Jollibee divests from Chow Fun for $1.6M

Dec 15, 2016 - 6:00 PM

The fast food giant says it plans to focus instead on building its larger businesses

IMPORTANT MARKET. Jollibee's China operations has been on a decline due to stiff competition. China is one of the most important overseas markets for Jollibee outside the Philippines. Photo by Agence France-Presse

Jollibee divests in San Pin Wang for P650M

Dec 13, 2016 - 4:35 PM

Jollibee says the divestment is in line with its plan to focus on building its Yonghe King business its largest venture in China

IMPORTANT MARKET. Jollibee's China operations has been on a decline due to stiff competition. China is one of the most important overseas markets for Jollibee outside the Philippines. Rappler file photo

Jollibee now fully owns China-based Happy Bee Foods

Nov 23, 2016 - 8:00 PM

With the change in ownership Happy Bee will no longer produce and sell food products to institutions other than Jollibee owned restaurant businesses

BUY OUT. Prior to the acquisition, Jollibee owns 70% interest in Happy Bee, which operates a manufacturing facility in Anhui, China

Jollibee Foods subsidiary to go public in Vietnam by 2019

Nov 21, 2016 - 3:23 PM

Superfoods Group which owns Highlands Coffee and is a franchisee of Hard Rock Cafe is one of the fastest growing joint venture businesses of Jollibee

VIETNAM IPO. Superfoods has an annual sales of $55 million, making it one of the fastest-growing joint venture businesses of Jollibee

Jollibee buys out partner in China's Happy Bee

Feb 24, 2016 - 7:41 PM

This is to support the continued growth of its flagship restaurant Yonghe Kong in China its largest food business in that market

BUY OUT. Prior to the acquisition, Jollibee owns 70% interest in Happy Bee, which operates a manufacturing facility in Anhui, China

Jollibee's net income drops 10.4% in 2015

Feb 09, 2016 - 9:18 PM

The drop is caused by higher costs to cover investments for the long term

Jollibee group eyes additional acquisitions

Nov 23, 2015 - 5:50 PM

One or two more acquisitions could be similar to or bigger than Smashburger its biggest deal yet at nearly 99M

ACQUISITIONS. Jollibee chairman Tony Tan Caktion (center) says on Monday, November 23, 2015 that apart from acquiring bigger brands, “a start up can be the winning brand in the future."Photo from APEC 2015's Twitter account

Jollibee group earmarks P10.4B to roll out more stores in 2016

Nov 10, 2015 - 2:28 PM

The group also plans to enter UK Canada Italy Malaysia and Oman

EXPANSION. Jollibee CEO Ernesto Tanmantiong says that for 2016, the group aims to accelerate its store network expansion by opening more stores than in 2015. File photo

Jollibee completes 40% acquisition in US-based Smashburger chain

Oct 13, 2015 - 12:17 PM

UPDATED The homegrown fastfood giant will get a bigger bite into the 100 billion burger market with its latest acquisition worth nearly 99M

ACQUISITION. JFC says the acquisition of stake in Smashburger will make its presence in the US more significant.

Jollibee group now has 3,000 stores worldwide

Aug 08, 2015 - 10:30 AM

Jollibee Foods Corporation is on track to open at least 200 new stores in one year in the Philippines the first time it will be able to do so

Jollibee, GT Capital in 'Forbes Fab 50 Companies’ list

Jul 23, 2015 - 6:18 PM

For the second time Jollibee Foods Corporation joins the lineup of high performing entrepreneurial blue chips the region’s best of the best the business magazine says

Jollibee plans to buy US brand

Jun 27, 2015 - 9:30 AM

The homegrown fastfood giant wants to become one of top 5 quick service restaurants globally

3 food franchise lessons from Marides Fernando

Jun 21, 2015 - 4:41 PM

The former Marikina City mayor shares her success story as a Jollibee franchisee

Jollibee group Q1 net income climbs to P1.18B

May 13, 2015 - 6:17 PM

The 10 2 increase is attributed to system wide sales from company owned and franchised stores

Jollibee group expects lower profit for 2015

Apr 09, 2015 - 2:39 PM

As of end February 2015 Jollibee has a network of 2 933 stores worldwide It plans to plans to open 330 stores this year – 220 in the Philippines and the rest abroad

Jollibee to rise in Toronto

Mar 24, 2015 - 6:07 PM

The food giant s first store in Canada is one of the 330 it plans to open this year: 220 in the Philippines and 110 overseas

Jollibee earmarks P9.1B to open 330 stores in 2015

Feb 23, 2015 - 7:16 PM

The fastfood giant aims to open 220 local and 110 overseas stores this year and it s about to launch its first store in Chicago Illinois as well

Jollibee in joint venture to run Dunkin' Donuts in China

Dec 19, 2014 - 7:32 PM

The country’s fastfood giant will invest 180 million to operate the American donut chain in the world’s 2nd largest economy

Jollibee to restore full menu this week

Aug 19, 2014 - 9:02 AM

All stores under its umbrella reopened on August 17

ALL STORES OPENED. The Jollibee Katipunan branch was closed on Thursday, August 13 at around 11 a.m. But this, among other 72 Metro Manila outlets reopened to strong sales on Sunday, August 17, Jollibee says in a statement. Photo by Mick Basa / Rappler.com

What entrepreneurs can learn from Jollibee’s ‘Chickenjoy’ supply problem

Aug 16, 2014 - 5:57 PM

Jollibee’s failure to anticipate the problems that would come with an IT system overhaul highlights the importance of business continuity planning

BACK TO BUSINESS SOON. The Jollibee Katipunan branch was closed on Thursday, August 13 at around 11 a.m. But this, among other outlets that temporarily closed will reopen Sunday, August 17, Jollibee says in a statement. Photo by Mick Basa / Rappler.com

#ChickenSad no more: NCR Jollibee branches back to normal Aug 17

Aug 15, 2014 - 4:19 PM

Although some outlets will still be on a limited menu Jollibee assures the 100 availability of its bestsellers including ChickenJoy

Jollibee first-half net profit jumps 17%

Aug 13, 2014 - 8:36 PM

The company expects to grow by the same rate in the next half of the year despite the closure of some of its stores due to an IT problem

Jollibee #ChickenSad: A costly IT problem

Aug 13, 2014 - 2:24 PM

Jollibee is losing millions of pesos a day due to an IT problem that forced some of its stores to close Here are the possible causes of the problem and the lessons we can learn from it

NO FAVES AVAILABLE. Fast food giant Jollibee temporarily closed down 72 stores nationwide due to the limited availability of some of its main selling products like Chicken Joy and hamburger. File photo by Agence France-Presse

No Chicken Joy? Jollibee corporation temporarily closes 72 stores

Aug 08, 2014 - 6:08 PM

Blame it on systems upgrade which caused the limited availability of bestsellers in food stores owned by the Jollibee Food Corporation

Basic sectors need help in ASEAN integration - exec

Aug 07, 2014 - 11:30 AM

A top executive of Jollibee Foods says Philippine businesses are ready for an integrated economy by 2015 but warns of backlash from vulnerable sectors like agriculture and labor

Jollibee owner’s property firm to build second mall in Cebu

Jun 09, 2014 - 12:32 PM

The mall is part of the 100 malls planned between now and 2020

TO RISE. The second CityMall will be located in Colon, downtown Cebu area. Photo from DoubleDragon's Facebook page.

Jollibee posts higher income despite rising costs

May 14, 2014 - 4:21 PM

Brands Greenwich Red Ribbon and Mang Inasal enjoy double digit growth in sales

FOOD GIANT. Jollibee reports higher earnings for the first quarter of 2014. AFP Photo

SM, Jollibee enter joint venture for 'community' malls

Feb 17, 2014 - 6:18 PM

SM signs an investment agreement to acquire 34 of CityMall Commercial Center Inc partly owned by Jollibee Foods Corporation

JOINT VENTURE. SM Investments Corp acquired a 24% interest in CityMall, an arm of Jollibee and Injap Investments' DoubleDragon properties