PepsiCo said Monday it will pay about $1.7 billion for a soft-drink company that built up a social-media following after ...

PepsiCo announced on Monday that it will acquire a prebiotic soda brand called Poppi, which was founded by a family in Austin ...

This news follows several recent viral moments for Poppi, including its Super Bowl commercial, merchandise collaboration with ...

The deal boosts the food and beverage giant's health-focused portfolio as consumers demand more better-for-you options.