I get a kick out of Philippine’s based Jollibee (delicious btw) owning Coffee Bean and Smashburger. Couldn't believe they were able to acquire CBTL for $350m but then again how is the chain losing money on $313m rev and ~1,200 stores.https://www.qsrmagazine.com/finance/jollibee-acquires-coffee-bean-tea-leaf-350m …
Replying to @NonGaap
I read that as you got kicked out of a Jollibee and I was like "wtf..." Anyways, an interesting company! Looks like they've acquired many other chains before, however mostly in the Philippines. https://en.wikipedia.org/wiki/Tony_Tan_Caktiong …
9:56 AM - 25 Sep 2019
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