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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".
He coined the name "Pepsi-Cola" in 1898 marketing the drink from his pharmacy in New Bern, North Carolina. As his drink gained popularity Bradham founded the Pepsi-Cola Company in 1902 and registered a patent for his recipe in 1903. [6] The company was incorporated under Delaware General Corporation Law in 1919.
Circa 1890, he dropped out of the University of Maryland School of Medicine, owing to his father's business going bankrupt. After returning to North Carolina, he was a public school teacher for about a year, and soon thereafter opened a drug store in New Bern named the "Bradham Drug Company" that, like many other drug stores of the time, also housed a soda fountain.
Six years later, the Coca-Cola Company was founded. Pepsi was also invented by a pharmacist, who invented his own sugar drink in 1893. Five years later, he changed his soda’s name from “Brad ...
PepsiCo, the larger conglomerate that is a result of decades of mergers, actually began as Pepsi-Cola in the 1890s and was founded by a pharmacist in North Carolina. See: Inside the Cola Wars: The ...
Shares of soda and snack giant PepsiCo soared after the company announced earnings this morning. The stock is up 3.1% as of 2:30 p.m. EDT. But even with Pepsi having fared well relative to what ...
By 1888, control of the recipe was acquired by Asa Griggs Candler, who in 1896, founded The Coca-Cola Company. [3] [4] Two years later in 1898 in New Bern, North Carolina, Caleb Bradham renamed his "Brad's Drink" to "Pepsi-Cola," and formed the Pepsi-Cola Company in 1902, prompting the beginning of the cola wars. [5]
Why Pepsi stock is worth holding. Just as Keurig Dr Pepper has a strong portfolio of brands, so too does Pepsi. In fact, while the Pepsi brand has slipped to third place among carbonated beverages ...