Jollibee — a timeline of success, from local Filipino eatery to acquiring the world

On Wednesday, July 24, Filipino-owned company Jollibee Foods Corp. (JFC), most renowned for their tasty signature fried chicken Chickenjoy (and famous happy-looking bee mascot!), announced its largest global acquisition to-date — a US$350-million deal to buy California-based firm The Coffee Bean & Tea Leaf (CBTL). In a disclosure to the stock exchange on Wednesday, JFC … Continue reading Jollibee — a timeline of success, from local Filipino eatery to acquiring the world