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.
PepsiCo takes the Poppi brand international as it looks to ride the prebiotic wave
PepsiCo’s $1.95B Poppi bet is paying off: rapid prebiotic soda growth, Pepsi distribution boost, and new UK launch plans—read ...
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.
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 ...
Poppi founder on TikTok, Super Bowl ads, and her return to Shark Tank
For years, venture capitalists have been skeptical of beverage startups, citing thin margins and brutal distribution as reasons most brands never break out. But a new wave of “functional soda” ...
Allison Ellsworth Returns to Shark Tank: How She Built Poppi into a Billion-Dollar Brand
Poppi founder Allison Ellsworth turned a homemade prebiotic soda into a multimillion-dollar brand. Here’s how she built her ...
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 ...