CNBC Television
@CNBCtelevision·3.4M subscribers·157.5K videos
Will Pepsi’s Business In Russia Ever Be The Same?
Posted
April 23, 2022
Views
179,836
Likes
2,637
Comments
484
Engagement
1.74%
April 23, 2022
179,836
2,637
484
1.74%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
7:19Now PlayingFollowing Moscow’s invasion of Ukraine, multinational companies have withdrawn from Russia in staggering numbers. More than 700 U.S. companies have scaled back, suspended or exited their Russia business including Starbucks, McDonalds and Pepsi. Russia is Pepsi’s second-largest international market after Mexico. The company generated $3.4 billion in Russia in 2021, about 4% of its $79 billion in revenue. What led to Pepsi’s decision, and how likely is it for the soft-drink maker to resume normal operations after the conflict is no longer in the spotlight?
CORRECTION, April 25, 2022: At 00:52 in the video it states "Over 190 companies including International Paper, Koch Industries and Emirates are still operating normally in the country. However, Koch Industries did reverse course and state on April 21, 2022 that it will stop doing business in Russia.
» Subscribe to CNBC
» Subscribe to CNBC TV
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news
Follow CNBC on LinkedIn
Follow CNBC News on Facebook
Follow CNBC News on Twitter
Follow CNBC News on Instagram
#CNBC
Will Pepsi’s Business In Russia Ever Be The Same?
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
