Jollibee Foods Corporation

A Proud ASEAN Brand

Jollibee Foods Corporation (JFC) surely knows the taste buds of ASEAN people.

JFC, with its strength as one of the largest restaurant companies in Asia with 6,351 outlets worldwide, is ready to support Dunkin's expansion through franchising. Currently, JFC operates 3,238 outlets in the Philippines and 3,113 abroad, including 592 SuperFoods primarily in Vietnam.¹ Beyond its birth place, JFC reaches out to its ASEAN neighbors in Vietnam, Brunei, Cambodia, Indonesia, and Singapore through Jollibee, Highlands Coffee, Pho 24, and Chowking.

From an ice cream parlor to a fastfood empire

Jollibee traces its humble beginnings in 1975 to a two-branch ice cream parlor in Manila which later offered hot sandwiches and meals. Ten years later, Jollibee Foods Corporation joined the ranks of the country’s top 100 companies and ventured into foreign lands through its first Jollibee store in Brunei.

The succeeding years saw JFC expanding its restaurant network as it began acquiring other quick service restaurants such as Greenwich in the pizza-pasta segment; Mang Inasal, a thriving barbeque fast food chain, cakes and breads store Red Ribbon; and Chinese fast food chain Chowking. It also acquired a majority stake in Burger King’s Philippine franchise. Jollibee has embarked on an aggressive international expansion plan, with over 270 international branches in the United States, Canada, Hong Kong, Macau, Brunei, Vietnam, Singapore, Malaysia, Saudi Arabia, the United Arab Emirates, Qatar, Oman, Kuwait, Bahrain, Italy, Spain, and the United Kingdom.²

Today, aside from its ASEAN presence, JFC is present globally through hundreds of stores in China, Hong Kong, Macau, United States, and the Middle East. It has secured foreign brands such as Yonghe King (its first in China), Hong Zhuang Yuan, San Pin Wan, and Taiwan’s 12 Sabu. JFC closed 2022 with US$ 2.2 billion sales.³

Thriving in ASEAN 

JFC’s first foray in ASEAN countries outside the Philippines started in 1987 with the opening of the first Jollibee store in Brunei which now hosts 19 Jollibee stores. JFC’s largest number of stores in ASEAN (outside the Philippines) is in Viet Nam where they have 155 Jollibee stores.⁴

Confident of the region’s potentials, JFC plans to further expand operations through a combination of organic growth and acquisitions. Annually, JFC’s growth in ASEAN (outside the Philippines) is at 23 percent. The company’s most recent venture was in Singapore where it partnered with Beeworks, Inc. in opening the first Jollibee store along Singapore’s Orchard Road. The pioneer branch, which opened in March 2013, was so successful that the company is thinking of opening up its second store in the country soon.

JFC largely benefits from ASEAN’s trade liberalisation efforts. It sources both processed and basic ingredients not only from suppliers in the Philippines but also from countries within the region. Jollibee’s coffee is imported directly from Viet Nam at zero tariffs. Some of the spices they use are sourced from Singapore, Malaysia, and Indonesia. It continues to import its beef requirements from Australia and New Zealand – two of ASEAN’s active trade partners.

JFC welcomes ASEAN economic integration efforts. “Efforts towards the AEC allow us to accelerate our growth in the region. It is an opportunity for us to deploy our staff in other countries and access raw materials and ingredients at competitive costs. We are hopeful that the integration will create a more efficient supply chain among our network. More importantly, we hope AEC will redound to the benefit of consumers, enabling us to share our good food to more ASEAN people at very affordable prices,” says Tony Tan Caktiong, JFC Chairman and CEO.

JFC’s successes

Celebrating its 35th anniversary this year, JFC looks back to its beginnings and reveals the secrets behind its success – the superior taste and affordability of Jollibee food, commitment to innovation and quality, and the passion and dedication of its people.

The company is pleased to note how its success has spilled over to other industries. JFC is one of the largest consumers of chicken, rice, and beverage in the Philippines. Annually, JFC consumes about 30,000 tons of rice and 83,000 tons of chicken. JFC’s US$ 2 billion business has also led to jobs creation. Today,JFC has over 12,000 employees.⁵

Indeed, JFC has already gone a long way. But the road to success has only started. JFC’s vision to become one of the largest restaurant companies in the world rings loud and clear. It is meant to be accomplished.