Tag: Beverage industry
PepsiCo Acquires Poppi Prebiotic Soda Brand for $2B
PepsiCo Secures Poppi Prebiotic Soda Brand for $2 BillionIn a recent announcement, PepsiCo revealed its acquisition of the prebiotic soda brand Poppi for a substantial $2 billion. This move comes amid a decline in...
Olipop Prebiotic Soda Brand Valued at $1.85B
Prebiotic soda brand Olipop recently announced that it has been valued at a remarkable $1.85 billion following its latest funding round, which successfully raised $50 million for the company. Since its establishment in 2018,...
Impact of Aluminum Tariffs on Coca-Cola’s Plastic Bottle Sales
Coca-Cola CEO James Quincey recently announced that the company may shift more of its packaging from aluminum to plastic bottles due to the potential impact of President Donald Trump's newly proposed tariffs. This move...
Global Demand Boosts Coca-Cola Sales Beyond Estimates
Coca-Cola Surpasses Analyst Expectations with Global Demand SurgeIn a surprising turn of events, Coca-Cola has exceeded analysts' predictions with its recent quarterly earnings and revenue, driven by a significant increase in global demand for...
PepsiCo Beats Earnings Estimates, Sees Drop in North American Demand
PepsiCo's Recent Performance and Market TrendsPepsiCo, a global leader in the food and beverage industry, recently released its quarterly earnings report, showcasing a mixed bag of results. While the company beat Wall Street estimates...