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.
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