• KevonLooney@lemm.ee
    link
    fedilink
    arrow-up
    9
    ·
    4 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
        link
        fedilink
        arrow-up
        4
        ·
        4 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
          link
          fedilink
          English
          arrow-up
          4
          ·
          4 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.