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Jollibee shuts down China hotpot business

Jollibee shuts down China hotpot business

Fast-food giant Jollibee Foods Corp. has shut down its hotpot dining business under the 12 Sabu brand in mainland China, mostly to focus on its bigger brands in this part of the world. 12 Hotpot (Shanghai) Food and Beverage Management Co. Ltd. – which was 48-percent...
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