Pepsi is a globally recognized carbonated soft drink brand owned by PepsiCo. Introduced in 1893 as 'Brad's Drink' and renamed Pepsi-Cola in 1898, it has grown into one of the most consumed beverages worldwide. Known for its distinctive sweet cola flavor, Pepsi is marketed in over 200 countries and competes directly with Coca-Cola. The brand has expanded into various product lines, including diet and flavored variants, and plays a significant role in PepsiCo's beverage portfolio.