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PepsiCo is the second-largest food and beverage business in the world based on net revenue, profit, and market capitalization, behind Nestlé. In 2023, the company's seat in Forbes Global 2000 was 82. [4] PepsiCo's flagship product, Pepsi Cola has been engaged in a rivalry for generations with Coca-Cola; it is commonly referred to as the cola ...
Pepsi Bottling Group was based in Somers, New York. On August 4, 2009, The Pepsi Bottling Group and another major Pepsi bottler, PepsiAmericas, were purchased by PepsiCo, headquartered in Purchase, New York. [3] The purchases were completed on February 26, 2010, forming a wholly owned PepsiCo subsidiary, the Pepsi Beverages Company (PBC).
It was available in cans, bottles, and as a fountain drink, which was replaced by Pepsi products. The chain now has both Pepsi and Coca-Cola products in its fountains. In 1997 the company resumed store expansion, expanding into Ohio by opening a location in the Youngstown area along I-80 in Weathersfield Township, just east of Girard. [10]
Pepsi is PepsiCo's most valuable brand and is sold in over 200 countries with more than 20 billion dollars in revenue per year -- but still comes in third after Coca-Cola and Diet Coke.
Yum! was created in 1997 as Tricon Global Restaurants, Inc. from PepsiCo's fast food division as the parent corporation of the KFC, Pizza Hut and Taco Bell restaurant companies. [ 13 ] [ 14 ] The decision was announced in January and the spin off was effected on October 6. [ 15 ]
Pepsi is a global company that covers key food and beverage categories -- making it a bellwether in the consumer staples sector and a good yardstick for measuring consumer spending.
In 2000, Whitman Corp., a Pepsi bottler, purchased PepsiAmericas and took the acquired company's name. [2] Whitman was founded as the Illinois Central Railroad. [3] It later diversified out of railroads and into Pepsi bottling, going by the names Illinois Central Industries in 1962, IC Industries in 1975 and Whitman Corp. in 1988.
Pepsi has introduced a vending machine that exchanges cans of soda for customers' Facebook likes. First unveiled at a recent Beyoncé concert in Belgium, the Pepsi Like Machine, with its free ...