Core Insights - Jollibee Foods Corporation (JFC) is enhancing its presence in Asia through the acquisition of Shabu All Day and the introduction of Compose Coffee in the Philippines [1][2][3] Group 1: Acquisition Details - JFC's subsidiary, Jolli-K Co, has acquired All Day Fresh Co, the operator of Shabu All Day, for approximately US$87 million [2] - Shabu All Day, established in 2014, operates 169 stores across South Korea [2][7] Group 2: New Brand Introduction - JFC plans to introduce the Korean coffee brand, Compose Coffee, to the Philippines via a master franchise agreement with its subsidiary, Fresh N' Famous Foods [3][4] - The first Compose Coffee stores are expected to open in the Philippines later this year [3] Group 3: Growth Metrics - JFC reported systemwide sales of ₱122.3 billion (approximately US$2.1 billion) in the preliminary fourth quarter of 2025, marking a 12 percent year-on-year increase [5] - The company's total store network grew by 5.9 percent to reach 10,341 outlets, the highest level of gross store openings in its history [6][9] - The network includes 3,504 stores in the Philippines and 6,837 international stores, with significant operations in China, North America, and Europe [6]
Jollibee Foods Sizzles up Asian Market with Korean Hot Pot Acquisition and Compose Coffee Expansion
Retail News Asia·2026-02-18 06:46