PepsiCo (NYSE:PEP) Launching Social Vending Machine

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PepsiCo (NYSE:PEP) has cast its eye to the future, with the launch of a new type of vending machine. PepsiCo (NYSE:PEP) Launching Social Vending Machine PepsiCo (NYSE:PEP) has decided to introduce a new high-tech social vending machine. The new machine allows customers to buy a friend a drink from a remote location. All the customer needs is the recipients name, mobile number and a short message or video. The recipient will receive the message and a code to redeem their beverage. Mikel Durham, the Chief Innovation Officer at PepsiCo (NYSE:PEP) Foodservice said that, “Our vision is to use innovative technology to empower consumers and create new ways for them to engage with our brands, their social networks and each other at the point of purchase. Social Vending extends our consumers’ social networks beyond the confines of their own devices and transforms a static, transaction-oriented experience into something fun and exciting they’ll want to return to, again and again.” PepsiCo (NYSE:PEP) shares are currently standing at 67.93. Price History Last Price: 67.93 52 Week Low / High: 60.32 / 68.25 50 Day Moving Average: 64.68 6 Month Price Change %: 4.5% 12 Month Price Change %: 4.1%