Pepsi joining Facebook ad boycott, FOX Business Network reports
PepsiCo Inc (PEP.O) will stop advertising on Facebook Inc (FB.O), FOX Business Network reported here on Sunday, citing sources.
By : migrator
Update: 2020-06-29 00:08 GMT
New York
The halt on advertising will run through July and August, the report said. Sources described the move as a “global boycott” on placing Facebook ads, the report said.
PepsiCo did not immediately respond to a request for comment from Reuters.
The food and beverage company joins a growing number of companies pulling ad dollars from Facebook, including ice-cream maker Ben & Jerry’s and Unilever PLC (ULVR.L).
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