PepsiCo Acquires Poppi for $1.95 Billion, Boosts Healthier Soda Market
PepsiCo has made a significant move into the growing health-conscious soda market by acquiring prebiotic soda brand Poppi for $1.95 billion. The acquisition comes as the functional drink market continues to experience year-on-year growth, with competitors Coca-Cola and Olipop also launching healthier soda alternatives. Poppi, founded just over 10 years ago, has become one of … Read more