GFM Network News


Expansion-minded Jollibee opened its first-ever Canadian outlet in Winnipeg at the end of 2016. (Dave Bedard photo)

Philippines’ Jollibee eyes deals to grow

Manila/Singapore | Reuters — Filipino billionaire Tony Tan Caktiong, who has built Jollibee Foods Corp. into a near-4,000 store purveyor of sweet-style spaghetti, burgers and fried chicken, is looking to buy existing brands in mature markets to help fuel future growth. Dominant at home, where Jollibee has 1,000 eponymous stores welcoming diners with its smiling […] Read more