Coke and Pepsi boycott over Gaza lifts Muslim countries' local sodas

Quick Summary:

KARACHI/CAIRO/NEW YORK : Coca-Cola and rival PepsiCo spent hundreds of millions of dollars over decades building demand for their soft drinks in Muslim-majority countries including Egypt to Pakistan.

Market share for global brands fell 4 per cent in the first half of 2024 in the Middle East, according to NielsenIQ.

The same year, Coca-Cola's revenue from its Europe, Middle East and Africa region was $8 billion, company filings show.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeBahrainBangladeshEgyptIsraelLebanonPakistanQatarSouth AfricaUnited States

Topics: Coca-cola Pakistan Cola Local Company Cent Boycotts Israel Pepsico Pepsi Coke

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-04 @ 18:23:24 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 1604 words

Reading Time: 9 minutes read

Sentences: 73 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 22366121

View Article Analysis

About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 52 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 1 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

Publisher Details

Frequently Asked Questions