Pepsi is a carbonated soft drink

Soft drink

A soft drink is a non-alcoholic beverage that typically contains water , a sweetener, and a flavoring agent...

 that is produced and manufactured by PepsiCo

PepsiCo

PepsiCo Inc. is an American multinational corporation headquartered in Purchase, New York, United States, with interests in the manufacturing, marketing and distribution of grain-based snack foods, beverages, and other products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company...

. Created and developed in 1898 and introduced as "Brad's Drink", it was later renamed as Pepsi-Cola on June 16, 1903, then to Pepsi in 1961.
Pepsi was first introduced as "Brad's Drink" in New Bern, North Carolina

New Bern, North Carolina

New Bern is a city in Craven County, North Carolina with a population of 29,524 as of the 2010 census.. It is located at the confluence of the Trent and the Neuse rivers...

, United States

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

, in 1898 by Caleb Bradham

Caleb Bradham

Caleb Davis Bradham invented the soft drink Pepsi-Cola. He was a pharmacist, born in Chinquapin, Duplin County, North Carolina, May 27, 1867...

, who made it at his home where the drink was sold. It was later labeled Pepsi Cola, named after the digestive enzyme pepsin

Pepsin

Pepsin is an enzyme whose precursor form is released by the chief cells in the stomach and that degrades food proteins into peptides. It was discovered in 1836 by Theodor Schwann who also coined its name from the Greek word pepsis, meaning digestion...

 and kola nuts used in the recipe.