- CEO
- Ernesto Tanmantiong
- Full Time Employees
- 12,600
- Sector
- Consumer Cyclical
- Industry
- Restaurants
- Address
- Jollibee Plaza Building Pasig Philippines 1605
- IPO Date
- Jul 30, 2013
- Business
- Jollibee Foods Corporation is a Philippine multinational company primarily engaged in the development, operation, and franchising of quick service restaurants (QSRs) under multiple brand names. Its core products include fast food offerings such as fried chicken, hamburgers, spaghetti, pizzas, baked goods, and coffee. The company's flagship brand, Jollibee, specializes in Filipino-style fast food with American influences, featuring signature products like Chickenjoy fried chicken, Yumburger, and Jolly Spaghetti. Other key brands within the group include Greenwich (pizzas and pastas), Red Ribbon (cakes and baked goods), Chowking (Chinese cuisine), Mang Inasal (grilled chicken), and various coffee and bakery brands such as Highlands Coffee, Milksha, Compose Coffee, The Coffee Bean & Tea Leaf, and Tiong Bahru Bakery. Jollibee also operates franchises for international brands including Smashburger, Burger King, and Panda Express. The company supports its QSR operations with manufacturing and property leasing activities and has subsidiaries for store operations and real estate management. Founded in 1978, Jollibee Foods Corporation is headquartered in Pasig City, Metro Manila, Philippines.
In the last 1-2 years, Jollibee has undertaken significant strategic expansions and acquisitions to strengthen its global presence, particularly in Asia and North America. It acquired majority stakes in South Korean coffee brand Compose Coffee and Taiwanese beverage company Milksha, and it is in the process of acquiring a 100% stake in South Korean chicken franchise Norang Tongdak, signaling increased investment in the Korean market. Additionally, Jollibee expanded its footprint in Hong Kong by acquiring a majority share in its local franchisee Meko Holdings. The company continues to grow its global restaurant network, operating over 1,700 stores in the Philippines and nearly 500 internationally, with new store openings planned, including 800 more restaurants with a $370 million capital expenditure anticipated in 2025. Jollibee also launched novel product offerings like GameJoy Combos tied to virtual gaming credits and maintained strong brand engagement through marketing and social initiatives. These developments reflect Jollibee’s ongoing strategy to leverage acquisitions, localize offerings, and enhance its presence in both established and emerging markets worldwide.