Global Expansion
Tim Ho Wan has evolved from a hole-in-the-wall dimsum shop in Hong Kong to a global brand since its acquisition by the Jollibee Group in 2025. Global CEO Yeong Sheng Lee states that joining the group has strengthened operations and enabled global expansion without compromising quality and authenticity of Cantonese cuisine. The chain now operates 85 stores across 11 markets, including the Philippines, China, and the United States.
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Over the past half-century, Chinese companies have steadily expanded their global reach, though the journey has been winding and often turbulent. With narrowing domestic profits and expanding production capacity, firms are widening overseas footprints in search of lucrative markets. This explainer charts the evolution of China Inc.'s global expansion.