FREE Market Commentary: Jollibee Ordered To Suspend Online Delivery System

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Market Issue or Event

Jollibee Ordered To Suspend Online Delivery System Over Privacy Concern

The data of 18 Million people in the online delivery database of JFC are at “high risk” of being exposed to harm due to vulnerabilities in the system, although the National Privacy Commission noted that JFC’s database has not been breached.

 

Our Partner Broker’s View and Commentary

We think that the impact on JFC’s operations will not be significant. However, concerns like this could hamper growth as we believe that online deliveries have helped in the growth of the food and service industry, as well as JFC. Consensus price target for JFC is at PHP 278.70/share.

 

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AP Securities (formerly Angping & Associates Securities)
AP Securities (formerly Angping & Associates Securities)

AP Securities (formerly Angping & Associates Securities) is one of PinoyInvestor’s partners in delivering superior and reliable stock research reports that help Filipino investors make smart stock investing decisions! Learn more about them here.