Instant noodle and beverage producer Tingyi (Cayman Islands) Holding is in talks to acquire PepsiCo’s bottling operations in China, according to sources.

The agreement will give Tingyi bottling and distribution rights for PepsiCo beverage products in China, and PepsiCo will take a minority stake in Tingyi’s beverage business with an option to later raise the stake.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

In May 2010, PepsiCo announced plans to invest $2.5bn in the food and beverage markets in China over a three-year period, including new manufacturing facilities, on top of the $1bn invested since 2008.

New York-headquartered PepsiCo has more than 20 majority-owned bottling joint ventures across China.

 

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Packaging Gateway Excellence Awards - Nominations Closed

Nominations are now closed for the Packaging Gateway Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
From rising paper prices to plastic reduction targets, Morris Packaging is tackling today’s toughest packaging challenges – and has won three 2025 Packaging Gateway Excellence Awards for it. Learn how Revopack and EcoPour deliver recycle-ready, high-impact packaging that boosts efficiency from filling line to retail shelf.

Discover the Impact