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PepsiCo also has formed partnerships with several beverage brands it does not own, in order to distribute or market them with its own brands. [52] As of 2010, its partnerships include: Starbucks (Frappuccino, DoubleShot, and Iced Coffee), LUnilever's Lipton licensed brands (Lipton Brisk and Lipton Iced Tea), and Dole (licensed juices and drinks).
Food and beverage giant PepsiCo has been one of the world's largest companies for decades. Second this year globally to only Nestle, PepsiCo is the largest food and beverage company in North ...
In September 2014, Starbucks announced the acquisition of the remaining 60.5% stake in Starbucks Coffee Japan that it did not already own, for US$913.5 million. [ 230 ] In August 2015, Starbucks announced plans to open in Phnom Penh, Cambodia , its 16th market in the China/Asia Pacific region by the end of 2015.
Not only does it own its namesake Pepsi brand, which was launched under the Pepsi-Cola name in 1898, but it also owns big-name brands such as Mountain Dew, Lay's potato chips, Gatorade, Doritos ...
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In 1994, PepsiCo and Starbucks formed an entity called the North American Coffee Partnership. The joint venture was created so that ready-to-drink products using the Starbucks name could be distributed using Pepsi's global network. The Frappuccino was the joint venture's first product. [18]
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