PepsiCo recently acquired Poppi for an estimated $1.95 billion. Poppi is a low-sugar, gut-health-focused soda.
Poppi was founded in 2018 by Allison and Stephen Ellsworth. The first iteration of their product was featured on the popular show, Shark Tank.
The acquisition aligns with PepsiCo’s strategy to expand its portfolio with healthier beverage options, tapping into growing consumer demand for wellness-oriented products.
