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Starbucks to invest $130M in China to open new roasting facility

Starbucks to invest $130M in China to open new roasting facility

New roasting facility in 2022 will be Starbucks largest manufacturing facility outside the U.S. Starbucks Coffee Company, the global roaster and retailer of specialty coffee has announced that it will invest approximately $130 million (USD)

Beverages
PepsiCo to acquire Rockstar for $3.85B

PepsiCo to acquire Rockstar for $3.85B

PepsiCo has also entered into an agreement, which will provide approximately $0.7 billion of payments related to future tax benefits associated with the transactionPepsiCo announced that it has entered into an agreement to acquire Rockstar

Beverages
Tata Coffee launches e‐commerce platform

Tata Coffee launches e‐commerce platform

Introduces three unique variants from two of Tata Coffee’s 19 estates located in KarnatakaTata Coffee Limited, a subsidiary company of Tata Consumer Products Limited announced the launch of its e‐ commerce platform www.coffeesonnets.com . The

Beverages
PepsiCo India launches new reformulated Slice

PepsiCo India launches new reformulated Slice

The new Slice will be available from March 2020 PepsiCo has launched the new reformulated Slice. The company claims it to be the thickest mango drink. The company statement says, “This claim is substantiated by

Beverages
Coca-Cola India becomes 5th largest market globally

Coca-Cola India becomes 5th largest market globally

Coca-Cola India achieved this feat on the back of an impressive 1-billion-unit case sale in 2019Coca-Cola India has progressed into the new decade by successfully becoming the fifth largest market by volume for The Coca-Cola Company.

Beverages
Starbucks launches premium instant coffee

Starbucks launches premium instant coffee

From February 2020 onwards, Nestlé will introduce the new range of Starbucks premium instant coffee globally in markets Nestlé has announced the global launch of Starbucks® premium instant (soluble) coffee. The new range consists of

Beverages
Coca-Cola reports strong growth in NARTD sector

Coca-Cola reports strong growth in NARTD sector

Net Revenues Grew 16% for the Quarter and 9% for the Full YearThe Coca-Cola Company has reported another quarter of strong growth, along with achieving or exceeding all guidance for the full year 2019. The

Beverages
Herbalife Nutrition launches energy drink mix

Herbalife Nutrition launches energy drink mix

The Afresh energy drink contains two essential ingredients, the exotic Guarana plant which is native to the Amazon forests, and Orange PekoeHerbalife Nutrition, the global leader in nutrition launches Afresh Energy Drink Mix in Tulsi flavor. Afresh is

Beverages
Cann Social Tonics raises $5M in funding

Cann Social Tonics raises $5M in funding

The brand’s second round Is led by imaginary and JM10 partnersCann, the first cannabis-infused social tonic, announced the close of a $5M seed funding round, co-led by Imaginary and JM10 Partners, to accelerate the growth of Cann

Beverages
Coca-Cola unveils zero-sugar innovations

Coca-Cola unveils zero-sugar innovations

Plus a new packaging design to meet the fast-changing needs of sport drink consumersCoca-Cola’s POWERADE is expanding its product lineup for the first time in over a decade with two new zero-sugar innovations that offer