Friday, July 11, 2025

Creating liberating content

A consistent alteration in bowel movement (Diarrhea or Constipation) frequency

Access Denied You don’t have permission to access ” on

Related News

A consistent alteration in bowel movement (Diarrhea or Constipation) frequency should raise concerns for you. While diarrhea includes passing more frequent watery stools than normal, constipation refers to having stools

The X logo on a phone. Nurphoto | Nurphoto | Getty Images When xAI’s Grok 4 chatbot was launched on Wednesday, users and media outlets quickly began pointing out examples

The bank has been gathering client input regarding potential modifications to its GBI-EM Global Diversified index. (AI image) JPMorgan Chase & Co. is evaluating potential adjustments to its primary emerging-market

Access Denied You don’t have permission to access ” on this server. Reference #18.adf5d217.1752215691.16ea1cd4 Source link

As our beloved pets age, their needs change with time, and it is essential to adapt to those changes to ensure that they live a long, healthy, and happy life.

(Picture source: Axiom-4) As Indian Air Force Group Captain Shubhanshu Shukla, part of the Axiom-4 (Ax-4) private space mission, prepares to return to Earth on July 14, the crew spent

Trending News

Access Denied You don’t have permission to access ” on this server. Reference #18.adf5d217.1752215691.16ea1cd4 Source link

Tesla’s entry into India comes at a time when the EV maker is facing reduced sales in Europe and China. (AI image) Elon Musk-led Tesla is set to open its

Market movements are expected to be influenced by India-US trade negotiations and company earnings reports. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened

US President Donald Trump announced a 35 per cent tariff on Canadian imports, effective August 1. The decision was conveyed in a letter to Canadian Prime Minister Mark Carney on

NEW DELHI: The UK has joined Eutelsat’s 1.5 billion euro (nearly $1.8 billion) capital raise, where Bharti Space is committing 150 million euro ($176 million), in a move that arms

Bengaluru: TCS marked its first year-on-year decline in constant currency since the Sept quarter of FY21, with lacklustre performance attributed to weak macroeconomic conditions, cautious client sentiment, delayed decision-making, and

PepsiCo buys prebiotic soda brand Poppi for nearly $2 billion

Word Count: 361 | Estimated Reading Time: 2 minutes


Cans of Poppi soda are displayed inside of a store on March 17, 2025 in New York City. 

Spencer Platt | Getty Images News | Getty Images

PepsiCo said Monday that it is buying prebiotic soda brand Poppi for nearly $2 billion.

While soda consumption has broadly fallen over the past two decades in the U.S., prebiotic sodas, fueled by industry newcomers Poppi and Olipop, have won over health-conscious consumers over the past five years.

The category’s growth makes it attractive for Pepsi and its rival, Coca-Cola, which recently launched its own prebiotic soda brand, Simply Pop. Pepsi had reportedly aimed to launch its own functional soda under its Soulboost brand, but it canceled those plans, likely paving the way to a deal with Poppi.

Pepsi said it plans to acquire the upstart Poppi for $1.95 billion. The deal includes $300 million of anticipated cash tax benefits, making the net purchase price $1.65 billion.

Pepsi will also have to make additional payments if Poppi achieves certain performance milestones within a set time frame after the acquisition closes. The company did not say when the deal is expected to close, pending regulatory approval.

Poppi’s founders Allison and Stephen Ellsworth launched the brand back in 2018, the same year that Olipop was founded. Poppi’s formula includes apple cider vinegar, prebiotics and just five grams of sugar.

By 2023, Poppi’s annual sales reportedly crossed $100 million.

The company recently made its second straight Super Bowl appearance with an ad during the big game, demonstrating both its deep pockets and a desire to reach an even wider audience.

But as Poppi’s sales have grown, it has also attracted backlash for its health claims. For example, the company faced a class action lawsuit that alleged that its drinks were not as healthy as its packaging claimed. Poppi and the plaintiff moved to settle the suit on Friday for $8.9 million, according to court filings.

For its part, rival Olipop was valued at $1.85 billion during its latest funding round, which was announced in February. In 2023, Olipop founder and CEO Ben Goodwin told CNBC that soda giants PepsiCo and Coca-Cola had already come knocking about a potential sale.

Don’t miss these insights from CNBC PRO



Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account