From Shark Tank to PepsiCo: Poppi acquired for $1.65B after disrupting soda aisle
This legal challenge highlights the growing scrutiny surrounding functional beverage claims and underscores the importance of transparency and accurate marketing practices within the industry. Despite ...
Recent reports suggest that Poppi reached an $8.9 million settlement to resolve the false advertising claims
In June 2024, former customer and plaintiff Kristin Cobbs filed a lawsuit against Poppi challenging the company's advertising ...
PepsiCo acquires Poppi for $1.95 Billion – Expanding into the fast-growing prebiotic soda and functional beverage market
PepsiCo is acquiring prebiotic soda brand Poppi for $1.95 billion, marking a major move into the functional beverage market. The deal includes $300 million in tax benefits, bringing the net cost to $1 ...
The Express Tribune15d
PepsiCo acquires Poppi for $1.95B to gain foothold in functional drinks
Legal challenges: class-action lawsuit settlement Despite Poppi’s rapid success, the company has faced legal challenges. Last summer, multiple class-action lawsuits were filed against the brand ...
ETFs in Focus as PepsiCo Buys Prebiotic Soda Brand Poppi
PepsiCo acquired the prebiotic soda brand Poppi for $1.95 billion to solidify its footprint in the healthier beverage segment ...
Cleveland.com13d
PepsiCo buys popular soda brand for $1.65 billion
PURCHASE, N.Y. -- PepsiCo has agreed to purchase popular prebiotic soda brand Poppi for a net price of $1.65 billion, the beverage company announced Monday. PepsiCo will acquire Poppi for $1.95 ...
The Drum13d
PepsiCo, please let Poppi be Poppi
The challenge isn’t distribution - it’s authenticity. Let Poppi be Poppi – Keep the brand’s original voice, marketing agility, and sense of community intact. Supercharge it with scale ...