Let $K$ be a field. For a group $G$ we write $K[G]$ for the group ring of $G$.
Given group homomorphisms $F \to G, H \to G$ is the canonical map $$ K[F \times_G H] \to K[F] \times_{K[G]} K[H] $$ an isomorphism, where the fiber product $K[F] \times_{K[G]} K[H]$ is taken in the category of hopf algebras over $K.$
Is it already true that the free K-vector space functor from the category of sets to the category of cocommutative coalgebras over K preserves fiber products?