PepsiCo Poppi Deal Tests Functional Beverage Push And Valuation Gap
PepsiCo (NasdaqGS:PEP) has acquired prebiotic soda brand Poppi in a deal valued at $1.95 billion. Poppi is being launched in the UK, expanding PepsiCo's reach in functional, health focused beverages.
NBC Los Angeles
PepsiCo buys prebiotic soda brand Poppi for nearly $2 billion
PepsiCo said Monday that it is buying prebiotic soda brand Poppi for nearly $2 billion. Stream Los Angeles News for free, 24/7, wherever you are. While soda consumption has broadly fallen over the ...
Pepsi Just Launched Its Own Prebiotic Soda—Months After Buying Poppi for $1.95 Billion
The move follows CEO Ramon Laguarta’s proclamation that fiber is the next protein.
Yahoo
Pepsi's Prebiotic Soda Is Officially Available Nationwide—Here's How It Compares To Poppi
Pepsi's parent company purchased Poppi last year and is now rolling out its own prebiotic soda. Compared to Poppi, Pepsi Prebiotic Cola tastes much more like regular cola. After a limited online ...
Seeking Alpha
PepsiCo takes the Poppi brand international as it looks to ride the prebiotic wave
PepsiCo (PEP) has the Poppi brand lined up to be its next beverage star as the strong growth for the brand it acquired about a year ago continues. Entering text into the input field will update the ...
AOL
Pepsi's Prebiotic Soda Is Officially Available Nationwide—Here's How It Compares To Poppi
Last year, PepsiCo sent shockwaves through the industry when it bought the buzzy better-for-you soda brand Poppi for a whopping $1.95 billion. Fans wondered with both suspicion and excitement to see ...