McDonald's Rival Jollibee Foods Eyes US Listing Of International Business By 2027 - Jollibee Foods (OTC:JBFCY), McDonald's (NYSE:MCD)

Core Viewpoint - Jollibee Foods Corp. plans to separate its international business and list it in the U.S. by late 2027, establishing a new entity called Jollibee Foods Corporation International (JFCI) to manage its overseas operations [1][2]. Group 1: Business Structure and Strategy - The spinoff aims to sharpen strategic focus for both the international and domestic operations, aligning them with their respective growth objectives [3]. - Shareholders will receive JFCI shares proportional to their current Jollibee holdings, allowing them to choose between holding or selling shares in either company [3]. Group 2: Market Position and Financial Performance - Jollibee operates 19 brands with over 10,000 restaurants and cafés across 33 countries, competing with major fast-food chains like McDonald's and Wendy's [4]. - The company has a market capitalization exceeding $3.6 billion and reported $3.79 billion in revenue for the first nine months of 2025, reflecting a 14% year-over-year increase [4]. Group 3: Market Trends - The decision to list its international business in the U.S. aligns with a broader trend of companies seeking access to U.S. capital markets amid a recovery in IPO markets [5].