• KevonLooney@lemm.ee
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    3 months ago

    Do people upvote these comments without checking anything? Does it sound reasonable for one of the largest companies in the world to be worth only $11 billion?

    The Coca-Cola Company is worth $296 billion. I don’t think they’ve been worth only $11 billion since the '80s.

    https://finance.yahoo.com/quote/KO/

      • KevonLooney@lemm.ee
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        3 months ago

        That’s a US bottling company that buys from the actual Coca-Cola Company.

        The company was formerly known as Coca-Cola Bottling Co. Consolidated and changed its name to Coca-Cola Consolidated, Inc. in January 2019.

        https://finance.yahoo.com/quote/COKE/profile/

        These bottling companies are the ones that beat people up in developing countries, not the actual manufacturer. They can be confusing.

        • The Snark Urge@lemmy.world
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          3 months ago

          You’ve got to be fucking kidding me.

          Well, I at least stand by my earlier point, that white collar crime is usually way worse than is ever reported.