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- Generating answers for you...Pepsi is an independent carbonated beverage owned by PepsiCo, so Pepsi is not owned by Coke. You can think of Coke and Pepsi as rival products that initiated a historic battle called the Cola Wars. Over the years, both Coke and Pepsi dominate the carbonated soft drinks industry, occupying the top two spots respectively.Learn more:Pepsi is an independent carbonated beverage owned by PepsiCo, so Pepsi is not owned by Coke. You can think of Coke and Pepsi as rival products that initiated a historic battle called the Cola Wars. Over the years, both Coke and Pepsi dominate the carbonated soft drinks industry, occupying the top two spots respectively.clockworklemon.com/does-coke-own-pepsi/Pepsi is a carbonated soft drink with a cola flavor, manufactured by PepsiCo. As of 2023, Pepsi is the second most valuable soft drink brand worldwide behind Coca-Cola; the two share a long-standing rivalry in what has been called the "cola wars".en.wikipedia.org/wiki/PepsiCoca-Cola owns many of the world's most popular beverages, both carbonated and non-carbonated. Unlike rival PepsiCo (PEP -0.71%), Coke is a pure-play beverage company. It doesn't own any food or snack brands.www.fool.com/investing/how-to-invest/stocks/what …PepsiCo's flagship product, Pepsi Cola has been engaged in a rivalry for generations with Coca-Cola; it is commonly referred to as the cola wars. Although Coca-Cola outsells Pepsi Cola in the United States, PepsiCo within the North American market is the largest food and beverage company by net revenue.en.wikipedia.org/wiki/PepsiCo
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