JOLLIBEE Foods Corp. (JFC), operator of homegrown fast food brand Jollibee, is set to operate and manage Dunkin' Donuts stores in China over the next 20 years through a joint venture with an Asian investment firm.

JFC, through its international unit, Jollibee Worldwide Pte. Ltd. (JWPL), has signed a joint venture agreement with Jasmine Asset Holding Ltd. to franchise the Dunkin' Donuts brand in China.

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