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Teem remains on sale today in Pakistan, Brazil, Uruguay, Honduras, Nepal, Nigeria, India, and South Africa; it survived into the 1990s in other markets, too, before Pepsi authorized vendors to replace it with rival brand 7up due to the sale of 7up International (excluding the US) to Pepsi by Philip Morris. Pepsi has a lemon lime soda monopoly ...
PepsiCo also posted a surprise drop in third-quarter revenue, driven in part by a 13% slump in sales at Quaker Foods, which is still reeling from the impact of product recalls earlier this year.
Pepsi () is a carbonated soft drink with a cola flavor, manufactured by PepsiCo.As of 2023, Pepsi is the second most valuable soft drink brand worldwide behind Coca-Cola; [1] the two share a long-standing rivalry in what has been called the "cola wars".
During the chat, management said something that sparked fear in investors: In the current quarter, sales to PepsiCo (NASDAQ: PEP) are down $100 million to $120 million compared to last year.
Mountain Dew Amp is an energy drink distributed by PepsiCo under the Mountain Dew brand, originally launched in 2001. From 2007 to 2008, several additional flavors of Amp were introduced. In 2012, Amp's labeling and ingredients changed, as did the flavor and appeal, according to fans.
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Coca-Cola and Pepsi vending machines in Indianapolis, 1988. The Cola wars are the long-time rivalry between soft drink producers The Coca-Cola Company and PepsiCo, who have engaged in mutually-targeted marketing campaigns for the direct competition between each company's product lines, especially their flagship colas, Coca-Cola and Pepsi.
PepsiCo announced it will sell Tropicana, Naked and other select juice brands to private equity firm PAI Partners. The company will net $3.3 billion in after-tax proceeds from the deal, and also ...