Jollibee Foods Corporation is a Philippines-based company engaged in the development, operation and franchising of quick-service restaurants under the brand name Jollibee. In the Philippines, the Company through its subsidiaries, operates and franchises quick-service restaurants under the trade names Chowking, Greenwich, Red Ribbon, and Mang Inasal. Through subsidiaries and affiliates overseas it develops and operates its international brands Yonghe King, Hongzhuangyuan, San Pin Wang and 12 Sabu. The Company has approximately 800 Jollibee stores in the Philippines, among which approximately 400 were franchised and approximately 400 were Company owned. There were also Approximately 100 Jollibee stores overseas, including the United States, Vietnam, Hong Kong, Brunei, Jeddah and Qatar. They offer food products that are prepared on-site based on original Company recipes. These products are sold under various trademarks including but not limited to Champ, Chickenjoy and Yum.