PepsiCo, Burger King form partnership in China
Updated: 2013-01-10 15:28
By LI WOKE (chinadaily.com.cn)
|
||||||||
United States food and beverage giant PepsiCo Inc said Wednesday that it has formed a partnership with Burger King Corp. PepsiCo will be the exclusive supplier of soft drinks in more than 100 Burger King restaurants throughout China.
Starting from Jan 1, Burger King stores in China are providing a wide range of PepsiCo soft drinks, including Pepsi-Cola, 7UP, Mirinda and Tropicana.
This is the first time the two giants cooperate in China. The two companies have a business relationship in other markets, such as in the US, Latin America, Russia and Turkey, said PepsiCo.
"There's huge potential to be tapped in China's food and beverage market. We are excited that PepsiCo and Burger King Corp are now joining hands and drawing on each other's strengths in pursuit of win-win cooperation," said Wah-Hui Chu, chairman of PepsiCo Beverages.
Burger King opened its first store in Shanghai in 2005.
- Li Na on Time cover, makes influential 100 list
- FBI releases photos of 2 Boston bombings suspects
- World's wackiest hairstyles
- Sandstorms strike Northwest China
- Never-seen photos of Madonna on display
- H7N9 outbreak linked to waterfowl migration
- Dozens feared dead in Texas plant blast
- Venezuelan court rules out manual votes counting
Most Viewed
Editor's Picks
American abroad |
Industry savior: Big boys' toys |
New commissioner
|
Liaoning: China's oceangoing giant |
TCM - Keeping healthy in Chinese way |
Poultry industry under pressure |
Today's Top News
Boston bombing suspect reported cornered on boat
7.0-magnitude quake hits Sichuan
Cross-talk artist helps to spread the word
'Green' awareness levels drop in Beijing
Palace Museum spruces up
First couple on Time's list of most influential
H7N9 flu transmission studied
Trading channels 'need to broaden'
US Weekly
Beyond Yao
|
Money power |