As a major competitor to Coca-Cola, Pepsi has not only failed to defeat, but both have become increasingly competitive in the competitive carbonated beverage market, but competition is good, at least for consumers.
It is reported that more than 1 billion consumers in more than 200 countries and regions worldwide enjoy PepsiCo's products. In 2016, PepsiCo’s net income was approximately US$63 billion, thanks to its complementary food and beverage product line, including Philip Lee’s snack food, Gatorade Sports Drink, PepsiCo Beverage, Quaker Oatmeal and Tropicana Juice. PepsiCo's brand line includes a series of food and beverages that are popular with consumers, of which 22 brands have annual retail sales of over one billion US dollars.
Development in China
The history of PepsiCo in China can be traced back to the beginning of reform and opening up in China. In 1981, PepsiCo signed a contract with the Chinese government and built the Pepsi-Cola filling plant in Shenzhen, becoming one of the first US business partners to enter China. Today, PepsiCo has established more than 40 joint ventures or wholly-owned enterprises throughout the country, with a total investment of more than one billion U.S. dollars, and nearly 10,000 direct employees, providing 150,000 indirect job opportunities.
Pepsi and POP Partner Ltd Cooperation
As a supplier of Pepsi, POP Partner displayed positive cooperation with PepsiCo. PepsiCo also sent a person to visit POP Partner Display Factory, to demonstrate itself with various hard strengths and soft strengths, and to obtain the trust of PepsiCo. In the paper display racks, paper shelves, paper piles, paper PDQ, paper promotional plus, packaging and other paper products fields to carry out all-round cooperation.