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McDonald's franchise in the Philippines extends for another 20 years with plans to open more stores.
Golden Arches Development Corp. (GADC) has renewed its McDonald's franchise agreement for 20 years, extending its operation in the Philippines until 2045.
GADC plans to open its 800th store this year and focus on expanding beyond the National Capital Region.
The company reported a 12% revenue increase in the first nine months of 2024, with plans to continue community support and improve customer and employee experiences.
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La franquicia de McDonald's en Filipinas se extiende por otros 20 años con planes de abrir más tiendas.