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Jollibee seeks Mexican fast-food chain in global expansion drive

Philippines' quick-serve restaurant leader wants deeper US presence

A Jollibee restaurant in Manila. (Photo by Ken Kobayashi)
A Jollibee restaurant in Manila. (Photo by Ken Kobayashi)

MANILA -- Leading Philippine fast-food group Jollibee Foods wants to put nachos and burritos on the company's menu, continuing its expansion efforts targeting foreign diners.

Jollibee looks to invest in a Mexican restaurant chain this year, the group's leaders said Friday, part of its ambition to be among the five largest fast-food companies in the world. Jollibee, which added premium burgers, coffee and Chinese noodles to its portfolio in recent years, boasts annual sales of around $3.4 billion.

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