A coffee battle is brewing as tycoon Tony Tan Caktiong’s Jollibee Foods Corp. brings South Korea’s Compose Coffee to the Philippines, taking aim at the fast-growing segment dominated by Pickup Coffee and Malaysia’s Zus Coffee.
Jollibee Foods Corp. is raising the competitive temperature in the Philippines’ fast-expanding value coffee market, announcing plans to launch South Korea’s Compose Coffee in 2026.
Compose Coffee’s next chapter is shifting from domestic dominance to regional ambition, with Southeast Asia emerging as a natural extension of its Korea-tested formula.
Tycoon Tony Tan Caktiong’s Jollibee Foods Corp., the country’s biggest fast food group, saw profits jump in the first nine months of the year, driven by robust restaurant sales and contributions from newly-acquired Compose Coffee of South Korea.
Richard Shin, the Jollibee Food Corp.’s chief financial officer who is leading the group’s aggressive overseas push, will become the chair of Korean value chain Compose Coffee.