麦当劳竞争对手快乐蜂计划将全球业务在美国上市

Core Viewpoint - Jollibee Foods Corporation, the Philippine fast-food giant, plans to spin off its international business and aims for a U.S. stock market listing by the end of 2027 to accelerate its global expansion strategy. Following this announcement, the company's stock experienced its largest single-day increase in over five years [1][4]. Group 1: Business Strategy - The company has engaged both international and local advisory teams to facilitate the spin-off and U.S. listing process [1][4]. - The newly formed "Jollibee International Foods Corporation" will encompass all operations outside the Philippines, while the domestic business will remain listed on the Philippine Stock Exchange [1][4]. Group 2: Market Reaction - After a one-hour trading halt, Jollibee's stock surged by 11.56%, marking the largest increase since October 2020 [2][5]. - The spin-off is expected to provide clearer strategic positioning for each company and enhance the transparency of their respective equity value stories [2][5]. Group 3: Financial Performance - As of September this year, Jollibee operates a total of 10,304 stores globally, with 6,859 located overseas across more than 30 countries, including China, Canada, and Vietnam [3][6]. - For the period from January to September, the company reported total revenues of 224.2 billion Philippine pesos (approximately 3.8 billion USD), with international business contributing about 43% of this revenue [3][6]. - Since 2000, Jollibee has completed 27 cross-border transactions valued at approximately 1.1 billion USD to enhance its international market presence [3][6].