Pepsi’s $705M Buy Of Snack Seller Makes It Leader Of China Market
PYMNTS
FEBRUARY 24, 2020
Pepsi has purchased Be & Cheery, a Chinese company that sells online snacks, for a reported $705 million, according to a report Monday (Feb. The move, if approved by Haoxiangni shareholders and China’s top market regulators, would make Pepsi “China’s leading consumer-centric food and beverage company.”. 24) by CNN.
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