Jollibee expands venture on Taiwan’s hot pot

Jollibee Food Corporation (JFC) level up as this largest food company expands it worldwide business operation to Taiwan’s hot pot resto. 

JFC disclosed in Philippine Stock Exchange as reported in Interaksyon, the homegrown fast-food giant said its wholly-owned subsidiaries Jollibee Worldwide Pte. Ltd. and Golden Plate Pte. Ltd. have entered into an agreement primarily with Hoppime Ltd., a subsidiary of Wowprime, to establish a company that will own and operate the 12 Sabu brand in China, Hong Kong, and Macau. 

The report noted also the 12 Sabu brand features "low-priced hot-pot dishes served in a clean and bright dining environment. It highlights safe and fresh food which each customer cooks in individual fast-heating stone hot pots." 

With this venture Wowprime emerged as its first joint venture on its partnership with Jollibee. 

This will boost strength to JFC as well as growth and development of Food industry.

Posted in: Food,Top Brands