This Photo by Unknown Author is licensed under CC BY-NC-ND Coca-Cola, or Coke, is a carbonated soft drink manufactured by the Coca-Cola Company. Originally marketed as a temperance drink and intended as a patent medicine, it was invented in the late 19th century by John Stith Pemberton in Atlanta, Georgia. The Origin of Coca-Cola On May 8, 1886, Dr. John Pemberton sold the first glass of Coca-Cola at Jacobs' Pharmacy in downtown Atlanta. Serving nine drinks per day in its first year, Coca-Cola was new refreshment in its beginning. In July 1886, pharmacist John Stith Pemberton from Columbus, Georgia invented the original Coca-Cola drink, which was advertised as helpful in the relief of headache, to be placed on sale primarily in drugstores as a medicinal beverage. Pemberton had made many mixing experiments and reached his goal during the month of May, but the new product was as yet unnamed and uncarbonated. Pemberton's bookkeeper, Frank M. Robinson, is credited with naming the product and creating its logo. Robinson chose the name Coca-Cola because of its two main ingredients (coca leaves and kola nuts) and because it is an alliteration. John Pemberton had taken a break and left Robinson to make, promote, and sell Coca-Cola on his own. Robinson promoted the drink with the limited budget that he had, and succeeded. Revenue (in mil. USD) Year Net income (in mil. USD) Price per Share (in USD) Employees 2008 31,944 5,807 26.91 92,400 2009 30,990 6,824 24.38 92,800 2010 35,119 11,787 28.26 139,600 2011 46,542 8,584 33.32 146,200 2012 48,017 9,019 37.06 150,900 2013 46,854 8,584 39.66 130,600 2014 45,998 7,098 40.84 129,200 2015 44,294 7,351 41.24 123,200 2016 41,863 6,527 43.54 100,300 2017 35,410 1,248 44.34 61,800 2018 34,300 6,434 45.41 62,600 2019 37,266 8,920 50.82 86,200 2020 33,014 7,747 49.95 80,300 •The logo is red because of old tax laws. •The iconic bottle design was created to help Coke stand out from its competitors. •Coke really did contain cocaine at one point. •Coca-Cola invented the six-pack. •The company helped popularize open-top coolers. Since 1919, Coca-Cola has been a publicly traded company. Its stock is listed on the New York Stock Exchange under the ticker symbol "KO". One share of stock purchased in 1919 for $40, with all dividends reinvested, would have been worth $9.8 million in 2012, a 10.7% annual increase adjusted for inflation. In 1987, Coca-Cola once again became one of the 30 stocks which makes up the Dow Jones Industrial Average, which is commonly referenced as a proxy for stock market performance; it had previously been a Dow stock from 1932 to 1935. Coca-Cola has paid a dividend since 1920 and, as of 2019, had increased it each year for 57 years straight. The Coca-Cola Company produces over 3 million tonnes of plastic packaging each year including 110 billion plastic bottles, and in 2021 it was declared the world's worst plastic polluter for the fourth year in a row by the global coalition Break Free From Plastic. The company's global chief executive stated that Coca-Cola has no plans to reduce its use of plastic bottles; and opposes bottle bill legislation. The head of sustainability Bea Perez has said they will continue to use plastic, noting "customers like them because they reseal and are lightweight". As part of Coca-Cola's global initiative in UK "World Without Waste", the company has started rolling out new versions of plastic bottles featuring an attached cap. In a statement made by Jon Woods, general manager at Coca-Cola Great Britain, "This is a small change that we hope will have a big impact, ensuring that when consumers recycle our bottles, no cap gets left behind,"