PepsiCO
PepsiCo to acquire soda brand Poppi for nearly US$2 billion
The soda startup uses prebiotics, fruit juice and apple cider vinegar and its drinks have five grams of sugar or less per serving
PepsiCo’s Apac CEO Tan Wern-Yuen to join Hillhouse Investment
He will lead the global consumer and retail team at the private equity firm
PepsiCo’s Greenhouse Accelerator supports early-stage startups in sustainability
10 finalists can pitch their innovations to executives, venture capitalists and investors, with the winner securing an extra US$100,000 grant
New York appeals dismissed PepsiCo plastic pollution suit
NEW York state this week appealed the dismissal of a pollution lawsuit against soda giant PepsiCo, accusing its single-use plastic packaging of posing a scourge on waterways and public health.
Los Angeles County sues PepsiCo and Coca-Cola over plastic pollution
LOS Angeles County has sued beverage makers PepsiCo and Coca-Cola, accusing them of polluting the most populous US county with plastic bottles and misleading the public about the environmental impact ...
PepsiCo trims sales forecast as customers tighten purse strings on snacks, sodas
It now expects organic sales to grow in a low single-digit range for fiscal 2024
PepsiCo quarterly revenue misses estimates on weak demand for snacks, sodas
Customers are choosing smaller packs and cheaper alternatives, such as those by private labels
Quaker Oats recall sparked by factory where salmonella festered for years
THE PepsiCo factory that sparked a massive recall for its Quaker Oats brand came after the company let salmonella fester at the facility for as long as four years, according to US regulators.
PepsiCo to waive clause in bottling deal as Carlsberg eyes US$3.9 billion Britvic bid
Carlsberg said on Monday (Jun 24) PepsiCo has agreed to waive a change of control clause in its bottling arrangements with Britvic, potentially removing a hurdle from the Danish brewer’s path to bid f...
PepsiCo beats quarterly revenue estimates on price hikes, steady demand
The company’s international business accounted for about 40 per cent of its total fiscal 2023 revenue
