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With major acquisitions, new entrants, viral social media moments and newness on the horizon, these alternative versions are on a mission to compete with big soda.
The Angel Group—a syndicate of sector operators, investors and consultants—scored a return of 88 times the $105,000 it invested in Poppi in 2020 at a $22 million valuation, said founding ...
PepsiCo ( PEP) will acquire prebiotic soda brand Poppi for $1.65 billion, the snack and beverage giant said Monday. PepsiCo said the deal includes expected cash tax benefits of some $300 million, ...
Forbes contributors publish independent expert analyses and insights. Clara covers evolving consumer and retail trends. PepsiCo just announced it is acquiring prebiotic soda brand Poppi for $1.95 ...
PepsiCo: Acquisition of Prebiotic Soda Brand Poppi Adds to Beverage Giant’s Better-For-You Offerings
As we estimate that Poppi generated roughly $200 million in 2024 revenues, valuation looks high at more than 8 times sales. The price tag looks comparable, at first glance, with the $1.85 billion ...
Poppi has not publicly disclosed its valuation. “We’ll see whose strategy plays out best – buy like PepsiCo, or build with an existing brand, like Coke,” Stanford said. “Much of that ...
The company was funded by CAVU Consumer Partners from its initial seed round to today's nearly $2 billion valuation. Today, the company's headquarters are located in Austin. "When I created poppi ...
PepsiCo announced Monday that it will acquire prebiotic soda brand Poppi for $1.95 billion as ... according to Future Market Insights. Get a brief on the top business stories of the week, plus ...
Poppi’s massive growth over the last few years has come with loyal fans, viral moments, online controversies and rumors of a billion-dollar exit. Yet founder, Allison Ellsworth, continues to ...
poppi is a great complement to our portfolio transformation efforts to meet these needs." poppi is a fast-growing functional soda brand that combines prebiotics, fruit juice, and apple cider ...
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