Jollibee to invest $28M in US coffee, tea venture
HOMEGROWN fast-food giant Jollibee Foods Corp. (JFC) has boosted its coffee and tea business with a $28-million (about P1.6-billion) investment in US-based beverage technology firm Botrista Inc. JFC, through wholly owned unit Jollibee Worldwide Pte. Ltd., on Wednesday inked agreements to acquire a 10-percent stake in Botrista to support the latter’s global market expansion activities. […]
Tomas Kauer - News Moderator 
HOMEGROWN fast-food giant Jollibee Foods Corp. (JFC) has boosted its coffee and tea business with a $28-million (about P1.6-billion) investment in US-based beverage technology firm Botrista Inc.
JFC, through wholly owned unit Jollibee Worldwide Pte. Ltd., on Wednesday inked agreements to acquire a 10-percent stake in Botrista to support the latter’s global market expansion activities.
Register to read this story and more for free.
Signing up for an account helps us improve your browsing experience.
OR
See our subscription options.
Already have an account? Log in here
This website uses cookies. By continuing to browse the website, you are agreeing to our use of cookies. Read More.
_2024_02_28_23_11_39.jpg){kind=small}
