Frito-Lay’s limited edition Pepsi-flavored Cheetos in Japan aren’t anything ground-breaking, but the new taste profile could be used as a platform to reduce salt levels, an innovation expert says.
PepsiCo and its snacks arm Frito-Lay has opened a news snacks factory in Wuhan, China to expand further into central and western parts of the country by catering to local tastes.
PepsiCo has agreed to sell its majority 41.5 per cent stake in Thai soft drinks and bottling firm Serm Suk (SSC), after ThaiBev (THBEV) announced plans to acquire the latter for $548m last week.