Popular fastfood giant to acquire South Korea's leading hot pot chain
Popular fastfood giant to acquire South Korea's leading hot pot chain is drawing significant interest across the industry.
MANILA, Philippines — Jollibee Foods Corporation (JFC) said on Friday that it was expanding its Korean business platform with the full acquisition of All Day Fresh Co., Ltd., operator of Shabu All Day, through its 70 percent-owned subsidiary, Jolli-K Co., Ltd.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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