It’s the same company.
The main brands operated by PepsiCo in Greater China include: Pepsi-Cola, Mirinda, 7-Up, Fruity, Gatorade, Pure Water, Lay's Potato Chips, Quaker Oatmeal, and Doritos , Cheetos and Liqi brand nut products, etc.
August 28, 1898, was the day Pepsi-Cola was born.
Lays has been a PepsiCo product since 1965, and before that was the name of a company founded in 1932.
Extended information
Naming Story
About 1893 AD, Caleb Bradham, a young pharmacist from North Carolina, USA, was thinking about formulating different medicines. Soft drinks were then given to his patients as a refreshment. One of the most popular is a dark drink called "Brad's Drink," which consists of carbonated water, sugar, vanilla, a rare oil, pepsin, and cocoa beans.
In 1889, Caleb registered his own Coke trademark: Pepsi Cola. There is only one letter difference between Pepsi and Pepsin (pepsin), so Pepsi-Cola can be called "Pepsin Cola". One of Caleb's artist neighbors designed the brand's first logo.
After a century of ups and downs, Pepsi-Cola now shares the world equally with Coca-Cola, and its logo has also undergone tremendous changes. Even if the word "pepsi" is removed from today's logo, people will still completely recognize that it is the Pepsi brand.
Pepsi official website--Pepsi brand