PepsiCo’s purchase of a Chinese brand gives it deeper insight into the local fast-moving consumer goods industry – something the US multinational can replicate in other markets. Photo: Reuters PepsiCo’s purchase of a Chinese brand gives it deeper insight into the local fast-moving consumer goods industry – something the US multinational can replicate in other markets. Photo: Reuters
PepsiCo’s purchase of a Chinese brand gives it deeper insight into the local fast-moving consumer goods industry – something the US multinational can replicate in other markets. Photo: Reuters

PepsiCo pays US$705 million for a lesson in e-commerce through buying Chinese online snacks retailer Be & Cheery

  • PepsiCo is buying Be & Cheery from Shenzhen-listed Haoxiangni Health Food
  • Haoxiangni’s shares close down 2.1 per cent at 10.96 yuan in Shenzhen

Topic |   Mergers & Acquisitions
PepsiCo’s purchase of a Chinese brand gives it deeper insight into the local fast-moving consumer goods industry – something the US multinational can replicate in other markets. Photo: Reuters PepsiCo’s purchase of a Chinese brand gives it deeper insight into the local fast-moving consumer goods industry – something the US multinational can replicate in other markets. Photo: Reuters
PepsiCo’s purchase of a Chinese brand gives it deeper insight into the local fast-moving consumer goods industry – something the US multinational can replicate in other markets. Photo: Reuters
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