PepsiCo is making a nearly two-billion-dollar bet on the future of soda. Pepsi said it will acquire Poppi, a fast-growing prebiotic soda brand, the company said in a news release on Monday, Mar ...

PepsiCo Inc. (NASDAQ:PEP) announced it plans to introduce a prebiotic cola under its flagship soda brand, a move aimed at reversing the declining sales of its beverages in the U.S.

This move by PepsiCo comes just months after it acquired prebiotic soda company Poppi for nearly $2 billion in March. Just before that, in February, the Coca-Cola Company announced its own ...