Did you know?
In 1975, 22-year old Tony Tan Caktiong, who would later be the president and CEO of Jollibee Foods Corporation, opened 2 Magnolia Ice Cream shops, one in Cubao and the other in Quiapo.
By popular demand, he added sandwiches and hot meals to the menu which soon became more popular than the ice cream.
Finally, in 1978, Tan Caktiong transitioned his business into fast-food restaurants and the rest as they say is history.
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