Now under Jollibee Group, Tim Ho Wan doubles footprint in Hong Kong bailiwick
HONG KONG, China — Jollibee Food Corp.’s flagship Chinese-cuisine brand Tim Ho Wan officially opened its 10th store in Hong Kong, doubling its local footprint just a year after the Philippine group completed its full acquisition of the brand.
The new outlet, located at Mikiki Mall along Prince Edward Road East in San Po Kong, marked a key expansion milestone in Tim Ho Wan’s home market.
The fast-food giant completed the full acquisition of Tim Ho Wan in 2021 after buying out the remaining minority shareholders through its wholly owned subsidiary, Jollibee Worldwide Pte. Ltd. It signed a deal to acquire the final 15-percent stake in Titan Dining LP for 71.56 million Singapore dollars, or about P2.65 billion.
READ: Jollibee takes full ownership of Tim Ho Wan
Titan Dining is the private equity fund that owns the Tim Ho Wan brand and its company-operated stores. Prior to the transaction, Jollibee Worldwide already held an 85-percent stake in the fund.
READ: Jollibee sees sustained growth in coffee, Chinese dining units
The expansion came as Tim Ho Wan’s system-wide sales grew 5.2 percent in the third quarter, compared with the first half of 2025, as strategic initiatives began to gain traction. /dda
