February 25, 2020
PepsiCo's Be & Cheery Acquisition Targets Online Snacks Growth in China
This weekend, PepsiCo, Inc. announced that it had agreed to acquire Hangzhou Haomusi Food Co., Ltd. ('Be & Cheery'), one of the largest online snacks companies in China, from Haoxiangni Health Food Co., Ltd. ('Haoxiangni') for USD 705 million.
