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Jollibee buys 10% stake in Botrista for $28-M

Jollibee disclosed that it purchased a 10% stake in Botrista, a “leader in the beverage technology space”, for $28 million through its subsidiary, Jollibee Worldwide Pte. Ltd......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Stocks eke out gains, back at 6,900

The stock market eked out gains to move back up to the 6,900 level as investors continued to hunt for bargains......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Stocks rebound as Wall Street bounces back

Local stocks bounced back yesterday to close the week on a positive note as the local bourse mirrored gains in the US market......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Stocks snap 3-day rally as investors take profits

Local stocks took a breather yesterday, ending a three-day rally as investors cashed in on the market’s recent gains......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Jollibee eyes P8 billion share sale this year

Asian food conglomerate Jollibee Foods Corp. plans to push through this year with its P8-billion fundraising through the issuance of preferred shares, proceeds of which will be used to refinance financial obligations and support expansion in the coming years......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Jollibee eyes P8 billion share sale this year

Asian food conglomerate Jollibee Foods Corp. plans to push through this year with its P8-billion fundraising through the issuance of preferred shares, proceeds of which will be used to refinance financial obligations and support expansion in the coming years......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Jollibee invests more in Titan Dining

Filipino-owned Asian food conglomerate Jollibee Foods Corp. has expanded its investments Titan Dining Partners Ltd., which manages Titan Dining LP, the private equity fund which owns the Tim Ho Wan brand and company-owned Tim Ho Wan stores......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Jollibee ramps up shift to renewable energy

The Jollibee Group is ramping up its sustainability efforts this year with plans to bolster further the shift of its stores and manufacturing facilities to renewable energy......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Jollibee beefs up alliance with Unilever

The Jollibee Group is beefing up its partnership with Unilever Food Solutions Philippines to serve the evolving needs of consumers in a sustainable manner......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2024

Jollibee invests $28 million in beverage tech firm

Filipino-owned Asian food conglomerate Jollibee Foods Corp. is investing $28 million for a 10 percent stake in beverage technology company Botrista Inc. to support the growth of its coffee and tea business......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Bretman Rock subtly calls out Benny Blanco s negative Jollibee review

Filipino-American content creator and model Bretman Rock subtly clapped back at American record producer Benny Blanco by posting a Jollibee-related video of his own, minus the negativity......»»

Category: entertainmentSource:  philstarRelated NewsMar 20th, 2024

Jollibee FY23 profit: P8.8-B (up 16%)

Jollibee posted an FY23 net income attributable of P8.8 billion, up 16% from its FY22 net income of P7.6 billion. Systemwide sales were up 16.3% to P345 billion, with the biggest growth coming from China (+21.9%), the Philippines (+17.6%) and EMEA (+16.0%)......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Jollibee spending P23 billion for capex

Jollibee Foods Corp. is spending as much as P23 billion this year to sustain its growth momentum after posting strong profitability in 2023......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Jollibee plans to sell up to P8-B in preferred shares

Jollibee announced its plan to sell an additional 5 million to 8 million preferred shares at P1000/share, in a follow-on offering to raise between P5 billion and P8 billion......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Benny Blanco makes new Filipino food review after Jollibee online backlash

After earning the ire of many Filipinos who had seen his initial negative review of Jollibee, American record producer Benny Blanco uploaded another food review video, this time giving a more favorable review of Filipino food. .....»»

Category: entertainmentSource:  philstarRelated NewsMar 3rd, 2024

Jollibee named world’s 2nd fastest-growing restaurant brand

Asian fast-food giant Jollibee Foods Corp. is ramping up its global expansion after being hailed as the second fastest-growing restaurant brand in the world by consultancy giant Brand Finance......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

First Gen puts up Jollibee Group’s largest solar panel

The Jollibee Group, through its subsidiary Zenith Foods Corp., has tapped the expertise of First Gen Corp., through Pi Energy Inc., to energize one-third of the food chain’s manufacturing facility with solar-powered electricity......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Jollibee hastens shift to renewable energy

The Jollibee group has tapped Lopez-led First Gen Corp. for the food conglomerate’s largest solar panel installation to date......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

Jollibee, Republic Cement tie up for plastic waste co-processing

Asian food conglomerate Jollibee Foods Corp. is beefing up its sustainability initiatives as it teams up with Republic Cement to address plastic packaging waste through co-processing......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

100th Jollibee store in North America opens

Philippine-based Jollibee Foods Corp., one of the biggest food conglomerates in Asia, has strengthened its presence in North America with the opening of its 100th store in the region......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024