In every major area in the Philippines, one can count on multiple Jollibeeâs being around, ready to serve you a Yumburger, ChickenJoy, or your â¦ The Origin of Jollibeeâs name and mascot. As of 2016, Tony Tan Caktiong ranked 6 th in Forbesâ Philippinesâ 50 Richest. Jollibee may be the nation's favorite fast food chain but the humble bee we've always known is more than meets the eye. Jollibee, known as "the McDonald's of the Philippines" â where it was founded â has a relatively small presence in the U.S.; there are only 37 stores over a handful of states. Philippine brand Jollibee has grown from two outlets to more than 1,300 restaurants at home and overseas. BRIEF HISTORY AND DESCRIPTION OF THE COMPANY Jollibee Phenomenon Jollibee is one of the Philippines' phenomenal business success stories. Aside from bringing Jollibee, Chowking, and Red Ribbon to other countries, theyâve also established new food chains in China and Taiwan which suit the tastes of the people there. Fast food popularity begins 1960âsandâ¦ Tag: Origin of Jollibee. Source: Memories of Old Manila In an article published in The Economist , Tony Tan mentioned that the adorable bee mascot weâve always loved represents Filipino spirit: hard-working, optimistic, and most of all, âjolly.â Jollibee Foods Corporation (also called JFC, and popularly known as Jollibee) is a Filipino multinational chain of fast food restaurants headquartered in Pasig City, Philippines. Though Jollibee began as an ice cream parlor, it was the move to diversify to more types of food like hamburgers that really put them on the map. Jollibee is a fast food restaurant with American-influenced items, as well as casual Filipino fare. 10 Interesting Facts You Didnât Know About Jollibee. Jollibee is founded by Filipino-Chinese Tony Tan Caktiong and hisfamily began as a two-branch ice cream parlor in 1975 at Cubaooffering hot meals and sandwiches. The company started in 1975 as an ice cream parlor in Cubao, Philippines, and grew to sales of 2 million Philippine pesos by 1978. Jollibee opened their first international branch in Taiwan in 1986 and their first US location in Daly City, California in 1988. Jollibee Foods is the largest fast food company in the Philippines and one of the largest Asian fast food chains overall. Jollibee started out in Manila in the late 1970s, and by the mid 1980s, they were dominating the local market. link to 10 Interesting Facts You Didnât Know About Jollibee. There are now over 1,300 Jollibee locations world-wide, mostly in areas with a large Filipino population. The original company name was Jolibe then Mr. Lumba next reformed the name Jolibe to Jolly Beeand made the two words form a single name Jollibee.Their success is phenomenon. The chain adapts its menus for different â¦ Starting in 1975 as a two-branch ice cream parlor, it later expanded its menu to include hot sandwiches and other meals. I. JFC is the owner of the popular fast food brand Jollibee, dubbed as Asia's answer to McDonald's in the fast food burger business.