The Story of PepsiCo | Why Pepsi Went Bankrupt
Here’s the truth Pepsi don’t want you to know: Pepsi started off as a rip off of Coca-Cola. And Pepsi Cola even tried to sell their company to Coca-Cola on three separate occasions.
2023-04-21 19:00:00 - MagnatesMedia
But Coke kept turning them down. As a result, Pepsi struggled and literally went bankrupt on two separate occasions.
And yet, fast forward to present day - and PepsiCo makes around $80 billion dollars of revenue a year - more than double the Coca Cola company.
You see, Pepsi is no longer just a drinks business - they are a gigantic empire that owns more food and beverage products than you can even imagine.
Lays. Gatorade. Cheetos. Aquafina. Tropicana. Quaker Oats. Mountain Dew. Doritos.
The brands PepsiCo owns are endless. In fact at one point Pepsi even started buying giant fast food chains like KFC and Pizza Hut.
They were even negotiating a deal to buy a huge fleet of Navy warships! So, how did all of this happen?
How did Pepsi go from bankruptcy to global domination?
From humble beginnings to controversial conglomerate with blood on its hands?
Welcome to the insane history of Pepsi.