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Tag: pepsico

PepsiCo commits 25,000 COVID-19 testing kits, over 5 million meals to India

PepsiCo India, along with its parent company’s philanthropic arm PepsiCo Foundation, will provide 25,000 COVID-19 testing kits and over 5 million meals to support families impacted by the coronavirus outbreak in India, the company said on Monday. According to a PTI report: The food and beverages major on Monday said it has partnered with Akshaya …

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PepsiCo to acquire Rockstar, expand presence in energy drink category

PepsiCo, Inc. announced that it has entered into an agreement to acquire Rockstar Energy Beverages, the popular energy drink maker, for US$ 3.85 billion. “As we work to be more consumer-centric and capitalize on rising demand in the functional beverage space, this highly strategic acquisition will enable us to leverage PepsiCo’s capabilities to both accelerate …

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PepsiCo targets online snacks growth in China with definitive agreement to acquire Be & Cheery

PepsiCo, Inc. announced that it has entered into a definitive agreement to acquire Hangzhou Haomusi Food Co., Ltd., one of the largest online snacks companies in China, from Haoxiangni Health Food Co., Ltd. for US $705 million. PepsiCo has been operating in China for nearly 40 years and this transaction marks an important step in …

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PepsiCo (PEP) earnings Q4 2019 beat estimates

PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts’ expectations after strong performances by its North American beverage and snack divisions. But investors focused on the company’s weaker-than-expected forecast for 2020, and shares rose less than 1% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based …

PepsiCo (PEP) earnings Q4 2019 beat estimatesRead More

PepsiCo IMAGES Foodservice Awards 2020 honours outstanding performers in foodservice biz

Innovative Indian foodservice and retail concepts are coming of age, and to honour these exciting and innovative foodservice formats and food retail professionals, IMAGES Group presented PepsiCo IMAGES Foodservice Awards on the second day of India Food Forum 2020. Here is the list of awardees: IMAGES Most Admired SOLOx Speaker of the Year: Munaf Kapadia, …

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PepsiCo to debut Pepsi Cafe, a coffee-cola drink, next year

It looks like PepsiCo could beat rival Coca-Cola to market with a coffee-cola beverage. Twelve-ounce cans of Pepsi Cafe will arrive at U.S. stores in April, but will be available only for a limited time. Coke’s version, Coke Plus Coffee, is available in international markets, but the Atlanta-based company has not announced a U.S. launch …

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