Poppi

PepsiCo buying prebiotic soda brand Poppi for nearly $2B as soft drink demand fizzles

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PepsiCo buying prebiotic soda brand Poppi for nearly B as soft drink demand fizzles

PepsiCo said Monday it would buy prebiotic soda brand Poppi for $1.95 billion, expanding in the “healthier soda” category at a time when the company is battling falling demand for its traditional beverages and snacks. Shares of PepsiCo were up 1.5% in morning trading. Young Americans are increasingly turning to healthier sodas and energy drinks as part of … Read more

Wildly popular Poppi prebiotic soda not as ‘gut healthy’ as it claims: suit

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Wildly popular Poppi prebiotic soda not as ‘gut healthy’ as it claims: suit

A lawsuit filed against the wildly popular “Shark Tank” phenomenon, Poppi prebiotic soda, alleges that the drink was not as “gut healthy” as it’s advertised to be. Plaintiff Kristin Cobbs of San Francisco filed the class action lawsuit Wednesday on behalf of herself and “similarly situated” consumers of Poppi against the parent company, VNGR Beverage LLC, which … Read more