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The main substitute for coke... both spend tens of millions of dollars on advertising a year and the effect is...
Customer: can i have a can of coke please?

Barman: sorry mate, only got Pepsi

Customer: that'll do!
Pepsi by pat August 26, 2003
A black carbonated beverage (soda). It's delicious and tasty.

Slang for speed(amphetamine, Ethylamphetamine). Often used for studying.
Steve: Can I have a Pepsi?

Josh: Sure!

Steve: You got any Pepsi?

Walter: Sure!
Pepsi by HawaiianPunch1 July 14, 2021
Mainly known for their winning* AbilaTWOW response "Fake your death, never leave, resort to murder if needed…"

*only won if you disregard the top 406 responses
pepsi owns the worlds 6th largest navy
pepsi by Werrywit May 29, 2022
A cola company whos advertising as gradually subsided to not really promoting their own cola, but more towards demoting coca cola.
Pepsi Executive #1: How about this for a commercial! A rough looking man with a shotgun walks into a bar, and starts shooting everyone, but instead of bullets, they are cans of coke! It ends with "Coke, it'll kill you."

Pepsi Executive #2: I love it!
pepsi by sebastiancee November 25, 2007
an addictive drug, made by the colombian mafia in 1969
jeff: bruh im so hooked on pepsi
dave: who are you, its 2 AM, please leave my house
pepsi by Yes'd September 20, 2019
When you say you're getting a beverage but really you alt + f4 everything including your pc
Aaron: I'm gonna get a pepsi *alt f4s everything*
Other people: oh for fuck sake he's gone for a pepsi
Aaron: *types "Fuck sake my pc is hot shit"*
Pepsi by DF NERFS DID DIDDLY SQUAT January 17, 2019