Jollibee Foods Corp. Opens First Tim Ho Wan in Mainland China

Jollibee Foods Corp (JFC) opened mainland China’s first Tim Ho Wan in Shanghai, on September 23.

Ernesto Tanmantiong, Jollibee Group CEO, said “Opening in Shanghai, one of the busiest global hubs, is an excellent starting point for our expansion plans for Tim Ho Wan in Mainland China,”

Tanmantiong said that Jollibee Group’s short-term goal is to open 100 restaurants within the next 5 years.

Carl Tancaktiong, JFC China Chairman, said a second store was likely to open and they are eyeing Beijing, Shenzhen and Guangzhou as possible locations.