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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......»»
Massive outage hits Facebook, Instagram users
[UPDATED] CEBU CITY, Philippines — A massive outage locked out users of Meta-owned platforms Facebook and Instagram, including Facebook Messenger and Threads, from their accounts on Tuesday evening, March 5. The outage lasted over an hour, with users reportedly gaining access to their accounts at 12:30 a.m. on Wednesday morning, March 6. “Earlier today, a.....»»
TikTok reiterates commitment to safety
Short-form video platform TikTok has reaffirmed its commitment to the safety of young users through “age-appropriate experiences and controls,” which aim to establishing safe and inclusive space for all......»»
TikTok facing ban in America; penalized $384 million in Europe
The US House of Reps has passed a bill to ban TikTok unless it cuts ties to Communist China. Chinese parent ByteDance must sell TikTok to another nationality in six months or be shut down......»»
TikTok Trend: ‘In the Philippines we don’t say…’
CEBU CITY, Philippines– A proud Filipina mother, could not resist joining the latest TikTok trend “In the Philippines we don’t say “with her daughter. With her phone and the wits of her daughter, their TikTok video is making rounds online. Five-year-old, Aliyah Amel Valero was narrating the Filipino quirks and expressions of people when.....»»
New pop rock act The Qings launches debut with ‘Parallels’
New pop rock act The Qings launches debut with ‘Parallels’.....»»
OpenAI Launches Custom GPT Marketplace Called ‘GPT Store’
OpenAI has recently introduced the GPT Store, a marketplace for custom bots, which OpenAI calls GPTs, tailored for users of ChatGPT Plus, Team, and Enterprise, allowing people who made custom versions of the ever-popular ChatGPT for specific purposes to share their ChatGPT versions. In two months since the advent of GPTs, users have crafted an […].....»»
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......»»
Trabaho Para sa Bayan Act Implementing Rules Now Inked
The Inter-Agency Council Trabaho Para sa Bayan Act (TPB-IAC) officially signed the implementing rules and regulations (IRR) on March 12, 2024, at the NEDA Central Office in Mandaluyong. The Trabaho Para sa Bayan Plan Act or Republic Act 11962 implementing rules was signed by was signed by National Economic and Development Authority (NEDA) Secretary Arsenio […].....»»
Rep. Cindi Chan thanks PBBM for sining Tatak Pinoy Act
LAPU-LAPU CITY, Cebu— Lapu-Lapu City lone district Representative Cindi King-Chan expressed her gratitude to President Ferdinand “Bongbong” Marcos for signing into law Republic Act No. 11981, also known as the “Tatak Pinoy Act,” which she co-authored. The Tatak Pinoy Act encourages local industries by incentivizing them to create more sophisticated products. Chan hopes that through.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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%)......»»
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......»»
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......»»
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. .....»»