Trade name of a sweetened, carbonated drink, originally made with coca leaves and flavoured with cola nuts, and containing caramel and caffeine. Invented in 1886, Coca-Cola was sold in every state of the USA by 1895 and in nearly 200 countries by 2000. In 2006 it was the 89th largest corporation in the world (according to Fortune magazine). The company owns four of the world's top five soft-drink brands (Coca-Cola, Diet Coke, Fanta, and Sprite), and owns or licenses more than 400 brands. In addition, it has ownership interests in bottling and canning operations. In 2006 Coca-Cola's net operating revenues were $24.1 billion and operating income was $6.3 billion.
Coca-Cola was first sold in the UK in 1900. Coca-Cola & Schweppes Beverages was established in 1987, 49% owned by the US company and 51% by Cadbury Schweppes. In 1999 Coca-Cola acquired the soft drinks brands of Cadbury Schweppes plc in various countries, including the UK where, by 2004, the company's share of the carbonated soft drinks market was 45.3%.
In November 2000 Coca-Cola agreed to pay US$192.5 million to settle a discrimination suit filed by black employees concerning their pay, promotions, and evaluations. Although it denied racial discrimination, the company agreed to pay US$113 million in cash to the workers, US$43.5 million to adjust current salaries, and US$36 million to monitor its employment practices.
After pharmacist John S. Pemberton invented a stimulating new soft drink in 1886, his carbonated and caffeinated creation quickly rose to...
The carbonated drink was the invention in 1886 of John S. Pemberton, a US pharmacist. It is uncertain how he concocted the blend of...
n 1 trademark a carbonated soft drink flavoured with coca leaves, cola nuts, caramel, etc 2 (modifier) denoting the spread of American culture and