Fast food

Jollibee’s Highlands Coffee is said to consider US$400 million IPO in Vietnam

The Philippine fast-food operator plans to list its international business in the US

Jollibee is building its international profile, striking 27 cross-border deals worth around US$1.1 billion since 2000, according to data compiled by Bloomberg.

McDonald’s rival Jollibee plans US listing for global business

The food giant owns several brands, including its iconic eponymous chain

Sapphire Foods said the merger will create a scaled quick-service restaurant platform by consolidating KFC and Pizza Hut operations, boosting efficiency.

Yum Brands’ India partners Sapphire, Devyani to merge, creating fast-food franchisee giant

SAPPHIRE Foods India said on Thursday it will merge with Devyani International, in a move that is likely to consolidate local franchisee partners of Yum Brands, the owner of KFC and Pizza Hut.

Burger King China will seek to double the chain’s number of restaurants in the country “within five years” and reach more than 4,000 locations by 2035.

Burger King to enter China joint venture, plans to double stores

The new joint venture, Burger King China, will receive US$350 million in investment CPE

McDonald's Q2 revenue rose 5% year on year to US$6.8 billion, while same-store sales increased by 3.8% globally and 2.5% in America.
PERSPECTIVE

McDonald’s secret sauce – plus a pickle or two

Hearty quarterly results conceal a dual challenge for the burger behemoth

Jollibee says it’s in line with changes in its articles of incorporation that removes its ability to own, acquire or mortgage land.

Jollibee shares rally after foreign ownership cap scrapped

SHARES of Jollibee Foods surged the most in over four years on Thursday (Feb 13) after the Philippines’ top restaurant operator secured the bourse’s approval to remove a 40 per cent cap on foreign own...