Cryptocurrency Q&A Did Coke buy Celsius?

Did Coke buy Celsius?

Moonshadow Moonshadow Wed Oct 16 2024 | 5 answers 988
I heard some news about Coke possibly acquiring Celsius. I'm not sure if it's true or just a rumor. Can someone confirm if Coke actually bought Celsius? Did Coke buy Celsius?

5 answers

Valentina Valentina Fri Oct 18 2024
Celsius Network, a prominent player in the energy drink market, secured a pivotal distribution agreement with Pepsi in the year 2022. This strategic partnership marked a significant milestone for Celsius, as it unlocked avenues for swift and efficient international expansion.

Was this helpful?

373
25
CosmicWave CosmicWave Fri Oct 18 2024
The collaboration with Pepsi, a globally recognized brand, not only bolstered Celsius's reach but also underscored the company's growing influence in the beverage industry. It served as a testament to Celsius's commitment to delivering innovative and health-conscious products to consumers worldwide.

Was this helpful?

369
95
Margherita Margherita Fri Oct 18 2024
Beyond the distribution arrangement, Pepsi's investment of 8.5% ownership in Celsius further solidified their alliance. This equity stake underscored Pepsi's confidence in Celsius's potential and aligned their interests, fostering a collaborative environment for mutual growth.

Was this helpful?

90
23
CryptoVanguard CryptoVanguard Thu Oct 17 2024
For Celsius and its shareholders, this partnership represented a game-changer. It not only accelerated Celsius's global expansion plans but also bolstered its financial standing, attracting more investors and partners to the company's fold.

Was this helpful?

87
32
CryptoVisionaryGuard CryptoVisionaryGuard Thu Oct 17 2024
Among Celsius's strengths lies its diverse product offerings and innovative approach to marketing. However, the partnership with Pepsi undoubtedly catapulted the brand to new heights, enhancing its credibility and recognition on a global scale.

Was this helpful?

69
44

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts