Jollibee Foods, the Philippine fast-food specialist known for fried “Chickenjoy” and chopped hotdogs in sweet spaghetti sauce, is doubling down on expansion plans in the United States and China that are likely to include more M&A.
“Globally, growth-stage capital has tightened. As a result, many firms, especially those in deep tech, find it harder to raise the larger and longer-term...