Jollibee Foods Corp plans to expand South Korean brand Compose Coffee in South Korea, not in the Philippines or other international markets for 5 years.
Jollibee Foods Corp (JFC) plans to focus on the expansion of its South Korean brand Compose Coffee in its home country, with no plans to bring it to the Philippines or other international markets in the next five years. The company sees significant growth opportunities for Compose Coffee in South Korea, where it currently holds an 8% market share. JFC recently acquired a majority shareholding in Compose Coffee.
July 25, 2024
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