About the Company
The Coca-Cola Company is an American multinational corporation founded in 1892. It produces Coca-Cola. The drink industry company also manufactures, sells, and markets other non-alcoholic beverage concentrates and syrups, and alcoholic beverages. The company's stock is listed on the NYSE and is part of the DJIA and the S&P 500 and S&P 100 indexes. The soft drink was developed in 1886 by pharmacist John Stith Pemberton. At the time it was introduced, the product contained cocaine from coca leaves and caffeine from kola nuts which together acted as a stimulant. The coca and the kola are the source of the product name, and led to Coca-Cola's promotion as a "healthy tonic". Pemberton had been severely wounded in the American Civil War, and had become addicted to the pain medication morphine. He developed the beverage as a patent medicine in an effort to control his addiction. In 1889, the formula and brand were sold for $2,300 (roughly $71,000 in 2022) to Asa Griggs Candler, who incorporated the Coca-Cola Company in Atlanta in 1892. The company has operated a franchised distribution system since 1889. The company largely produces syrup concentrate, which is then sold to various bottlers throughout the world who hold exclusive territories. The company owns its anchor bottler in North America, Coca-Cola Refreshments.
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Latest $KO News
Coca-Cola inks $1.1B deal with Microsoft for AI integration
Coca-Cola's investment in AI is part of the company's strategy to revamp its marketing approach and meet the demands of ...
It's Unlikely That The Coca-Cola Company's (NYSE:KO) CEO Will See A Huge Pay Rise This Year
Our data indicates that The Coca-Cola Company has a market capitalization of US$261b, and total annual CEO compensation was ...
Coca-Cola is betting AI can help it compete against Pepsi and Red Bull
Coca-Cola is betting that AI can help it pop. The beverage company has signed a five-year partnership with Microsoft to ...
Jim Jordan is coming after Coca-Cola on behalf of Joe Rogan’s podcast
With bogus “censorship” claims, House Judiciary Committee Chairman Jim Jordan added Coca-Cola to the growing list of ...
Coca-Cola Invests an Additional $22 Million in Pakistan
Coca-Cola has invested $22 million in the beverage sector, specifically in technology upgrades, capacity enhancement of its ...
Coca-Cola is largest known contributor of branded plastic waste, global study finds
Cola Company are responsible for more than half of the plastic pollution found across the globe, according to a new study.
Coca-Cola Southwest Beverages takes its sustainability goals to a new level
Coca-Cola Southwest Beverages takes its sustainability goals to a new level, intending to recycle every bottle it sells and ...
The Coca-Cola Company and Microsoft announce five-year strategic partnership to accelerate cloud and generative AI initiatives
The quotation from Judson Althoff was updated following initial publication. ATLANTA and REDMOND, Wash. — — Microsoft Corp.
Coca−Cola to “Celebrate Everyday Greatness” for Paris 2024 as it announces global athlete team for Olympic and Paralympic Games
Cola has unveiled “Celebrate Everyday Greatness” as its theme for the Olympic and Paralympic Games Paris 2024, while also ...
Gaza boycott: Calls for Egypt's Al Ahly to end Coca-Cola contract over alleged Israel links
Al Ahly SC faces a boycott campaign after a senior official called on fans to buy club merchandise with Coca-Cola brand ...
Coca-Cola, PepsiCo and Nestlé among top plastic polluters, report finds
A study published by peer-reviewed journal Science Advances pinpointed some of the major brands responsible for plastic ...
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