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In 2005, Jollibee acquired Red Ribbon, a bakeshop business in the Philippines. [24] [25] On October 19, 2010, Jollibee acquired 70% share of Mang Inasal, a Filipino food chain specializing in barbecued chicken, for ₱3 billion ($68.8 million). [26] [27] [28] JFC subsidiary Fresh N' Famous Foods, Inc. manages the Greenwich and Chowking brands.
May 29, 2024 · May 29, 2024 – Three brands of the Jollibee Group – Jollibee, Mang Inasal, and Chowking – have been named among the Top 30 Most Valuable Brands in the Philippines by Brand Finance, a leading global independent brand valuation company. Jollibee has been ranked second, while Mang Inasal and Chowking have been ranked 15th and 22nd respectively.
- 1| Jollibee
- 2| Chowking
- 3| Greenwich
- 4| Red Ribbon
- 5| Mang Inasal
- 6| Burger King
- 7| Pho24
- 8| Panda Express
- 9| Highlands Coffee
- 10| Yonghe King
The flagship brand is the Philippines’ largest fastfood chain. Tony TanCaktiong opened the very first Jollibee store in the country in 1978 (although the store began life as an ice cream parlor that opened in 1975). There are currently 1,482 Jollibee stores around the globe: 1,185 are here in the Philippines, and 297 in various other countries—141 ...
The first Chowking opened in the Philippines in 1985 and JFC acquired it in 2000. Of course, we know it as the chain that serves fastfood versions of Chinese-inspired cuisine (plus a pretty good halo-halo). There are currently 569 Chowking branches in the Philippines, plus another 48 overseas (20 in the U.A.E., 15 in the U.S., four in Qatar, two in...
Believe it or not, the Greenwich Pizza chain of restaurants precedes even that of Jollibee. The first Greenwich opened in 1971 inside the Greenhills Shopping Center. By 1994, it had 50 branches across the country. JFC bought 80 percent of Greenwich in 1994 and completed the full acquisition in 2006. Today, there are 272 Greenwich branches in the Ph...
Red Ribbon first opened as a small cake shop in Quezon City in 1979. JFC acquired it in 2005. Currently there are 526 Red Ribbon Bakeshops around the world: 495 in the Philippines and 31 in the U.S.
Mang Inasal’s story is well-known. Founded by Edgar “Injap” Sia II in Iloilo in 2003*, the BBQ chicken chain became so popular it attracted the attention of JFC, which bought 70 percent of the food chain in 2010 for $3 billion. JFC completed the acquisition in 2016. There are currently 591 branches of Mang Inasal nationwide.
Burger King, of course, is an American food chain based out of Florida, USA. The Philippine franchise used to be owned by the Ayala group, which sold its stake to a group led by Alberto Lina and Manny Pangilinan. In 2011, Jollibee paid P65.5 million to acquire a 54 percent stake in the company. There are 97 Burger King stores in the country today.
Vietnamese brand Pho24 first opened in Ho Chi Minh City in 2003. In 2018, JFC bought into the company that owns the brand when it entered into a 60-40 joint venture with Viet Thai International to create SuperFoods Group, which owns other food brands (elsewhere in this list). There are currently 38 branches of Pho24 in Vietnam, 16 in Indonesia, and...
The first Panda Express restaurant opened in Glendale, California in 1983. It currently has over 2,200 stores worldwide. In 2019, JFC created JBPX Foods Inc., a joint venture with the Panda Restaurant Group to bring Panda Express to the Philippines. The first Panda Express in the Philippines opened in SM Megamall later that year, although the compa...
Vietnam-based Highlands Coffee was established by Vietnamese-American David Thai in 1998. It has since been acquired by Jollibee through its JV SuperFoods Group. There are 49 Highlands Coffee branches in the Philippines and 439 in Vietnam, for a total of 488 stores.
Yonghe King is a fast-food noodle store founded in 1995 and based out of Shanghai, China. JFC first bought an 85 percent stake in the holding company that owns the brand in 2004 and completed the acquisition in 2016 when it bought out a manufacturing unit that makes food products for Yonghe King and other businesses. Yonghe King now has 349 stores ...
Mang Inasal, the Philippines' Grill Expert, is known to customers as the brand that delightfully serves Ihaw-Sarap food and Unli-Saya experience since 2003. Mang Inasal, the Philippines’ Grill Expert, has been serving mouthwatering Ihaw-Sarap food and Unli-Saya experiences for over 20 years. Our founder, Edgar “Injap” Sia II, opened the ...
Jul 15, 2023 · Mang Inasal Experience. Walking into a Mang Inasal is like stepping into a slice of the Philippines. The warm color palette, rustic wooden accents, and familiar aroma of grilled food immediately set a comfortable, inviting ambiance. The service is quick and efficient, maintaining a balance between speed and quality that fast-food patrons ...
In a remarkable achievement, Mang Inasal has emerged as the only restaurant brand from the Philippines to receive honors at the prestigious 21st International Business Awards (IBA), held recently at the InterContinental Istanbul, Turkey.
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Jun 21, 2013 · Jollibee Food Corporation (JFC) buys out remaining 30 percent equity shares of Mang Inasal Philippines (MIPI) for P2 billion. This move is in line with the terms sited under the Shareholders’ Agreement on 22 November 2010, when JFC acquired the initial 70 percent stake of the MIPI. With this acquisition, JFC now owns 100% of Mang Inasal ...
