Jollibee Foods Corporation abbreviated as JFC and popularly known as Jollibee (PSE: JFC) is a Filipino multinational chain of fast food restaurants headquartered in Pasig, Metro Manila, Philippines. JFC is the parent company of Jollibee, dubbed as Asia's answer to McDonald's in the fast food burger business.With its success, the company bought out their competitors in the fast food business like Chowking, Greenwich Pizza, Red Ribbon, Mang Inasal and Burger King Philippines.