Jollibee Foods Corporation has announced plans to spin off its international business and list it on a U.S. stock exchange by late 2027. The Philippine fast-food giant aims to accelerate the development of its global brand through this strategic move, which is part of its broader international expansion plans.
The company intends to establish a separate publicly traded entity for its overseas operations, allowing for focused growth and easier access to international capital markets. Jollibee’s international division includes well-known brands such as Jollibee, Chowking, and Red Ribbon, which currently operate across multiple countries.
This decision comes as Jollibee seeks to enhance its global footprint and unlock value for shareholders. The move is expected to provide greater visibility and flexibility for its international operations, while attracting potential investors interested in the company’s growth prospects outside the Philippines.
Jollibee has not yet specified the exact timing or details of the spin-off, but the company remains committed to executing this plan by late 2027, aligning with its strategic objective to expand its global presence and strengthen its brand internationally.