Jollibee Group

MANILA, Philippines — Jollibee Foods Corp. is poised to nearly double its Canadian network over the next five years after securing franchise commitments for 26 new restaurants as part of its capital-light expansion strategy.

The homegrown fast-food giant said on Monday its North American franchisor, JBM LLC, signed a multi-unit development agreement in July to open 16 Jollibee restaurants in British Columbia over the next five years.

READ: Jollibee tops 100 stores in North America

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