Jollibee Foods shuts down Hotpot stores in China


Philippine food conglomerate Jollibee Foods Corporation will cease operations of its 12 Hotpot brands in China to focus on its other bigger operations in the mainland and in other countries. In a statement to the Philippine Stock Exchange, JFC said its 48% owned subsidiary 12 Hotpot (Shanghai) Food ...

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Editorial Director, Asian Agribusiness Media, Kuala Lumpur