Jollibee Calls China Lockdown "Temporary Setback", Plans Expansion

Jollibee Calls China Lockdown "Temporary Setback", Plans Expansion

Assessment

Interactive Video

Business

University

Hard

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The video discusses the company's recent earnings, highlighting a strong performance with revenue growth surpassing 2019 levels. It outlines the goal of achieving a 50/50 sales split between domestic and international markets, with a focus on expanding in China. The impact of inflation on pricing strategies is addressed, emphasizing cost efficiency to avoid passing costs to consumers. The video also covers the effects of COVID-19 on business operations and the recovery process, particularly in China, where consumer behavior and payment trends are evolving.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the revenue for the first nine months mentioned in the earnings report?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the target revenue that analysts expect for the full year?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage growth in revenue was observed from 2020 to 2021?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the company's target split between domestic and foreign business?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the strong demand in the Philippines despite inflation?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the company's plan regarding new store openings in China for this year?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the company view the impact of COVID lockdowns on its business?

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