Jollibee Foods Corporation is number 1 Fast Food Chain in the Philippines and World in the near future. This year Jollibee Foods will open 100 new stores for pizza chain Greenwich, Jollibee Foods will set up 30 more Jollibee Chain, while Chinese fast food chain Chowking will open 40 restaurants. "For both Greenwich and Chowking, we have been focusing on renovation in the past six months because it helps boost same-store sales," Chowking and Greenwich President Ariel P. Fermin told reporters.
After opening Jollibee branches at different location in US and Asia, Now they will build 60 new stores in China, which accounts for the bulk of the company’s international expansion efforts. "Our foregoing expansion priorities are still in China. We are at the same time looking in India and Indonesia," Jollibee Foods Chairman and Chief Executive Tony Tan Caktiong told reporters after the company’s annual stockholders meeting in Ortigas Center.