Pepsi will pay $1.7 billion for soft-drink company that got its start on ‘Shark Tank’

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Pepsi boosts healthy offerings with Poppi, a maker of prebiotic drinks

Last Updated: March 17, 2025 at 11:25 a.m. ET

First Published: March 17, 2025 at 9:38 a.m. ET

PepsiCo said Monday it will pay about $1.7 billion for a soft-drink company that built up a social-media following after being featured on “Shark Tank,” as the beverage giant works to appeal to millennials and Gen Z with healthier offerings.

PepsiCo PEP plans to tap into Poppi’s positioning as a “better-for-you” soda company offering prebiotic drinks with less than five grams of sugar per serving.

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