Page 6 - Coca Cola

Coca-Cola India acquires a minority 15% stake in Hashtag Loyalty

Beverage major Coca-Cola India Ltd has acquired a minority 15 per cent stake in Hashtag Loyalty, which owns the food ordering platform Thrive. This move will help Coca-Cola to get benefitted from Thrive, which has a partnership with over 12,000 restaurants across India. Hashtag Loyalty is an associate of the country's leading QSR chain operator Jubilant FoodWorks Ltd (JFL), which has the master franchise rights of leading brands such as Domino's Pizza, Dunkin' and Popeyes. "Hashtag Loyalty, an associate of JFL, has entered into a securities subscription agreement dated April 17, 2023, with Coca-Cola India (New Investor) pursuant to which the new investor has acquired 15 per cent stake in Hashtag," JFL said in a regulatory update. Hashtag has raised the capital at a pre-money valuation of Rs 104.68 crore, it added. After this said transaction, JFL's stake in Hashtag has reduced from 35 per cent to 29.75 per cent. In October 2021, JFL had announced the acquisition of a stake in Has

Coca-Cola to buy minority stake in food delivery platform Thrive: Report

The partnership with Thrive is expected to drive consumer demand for Coca-Cola's beverages

Bullish on Indian market, continuing to invest via partners: Coca-Cola

Global beverages major The Coca-Cola Company is bullish on the Indian market and is continuing to invest in the country through its partners, the company's President and Chief Financial Officer John Murphy said on Monday. India's rapid progress in infrastructure, electrification and digitisation offer a long runway ahead for the economy to grow and it fosters confidence, he said at a media round table here. A lot of development has taken place in urban and rural India, which has created an emerging middle class, ensuring growth for many years to come, he said. "When you have an economy growing, our industry typically benefits from economic growth," he said. "For us, there are tremendous ingredients to the growth equation that we are developing. And to manage growth, you have to invest. We are fortunate to have partners in India who believe in the opportunity they have and are investing in infrastructure and people," he noted. A lot of investment is underway through franchise bottl

Ambani adopts familiar playbook in India cola battle vs Coke, Pepsi

A person with direct knowledge of Reliance's plan said it aims to open some factories of its own or as joint ventures to make Campa, and take the soda to hotels, restaurants and in-flight sales

Top headlines: Reliance begins price war, ONDC forays into mobility segment

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Cola war looms as Campa returns; distributors fear for their margins

In an announcement last week, Reliance Consumer Products launched Campa with three flavors: cola, lemon, and orange. The drinks have been launched in Andhra Pradesh and Telangana

Campa Cola challenge: Coke blinks first, cuts 200 ml bottle prices by Rs 5

This move comes at a time when demand for cold beverages increases as temperatures start to soar

Your low calorie drinks, food items may induce heart attack, stroke risk

Trying to switch to drinks and food that are low on calories and carbohydrate to avoid sugar? These are often loaded with an artificial sweetener called erythritol and can raise your risk

Will a new, improved Coke Studio succeed?

Unlike Coke Studio Pakistan, the Indian format has struggled to make an impact. Its challenge will be to drum up some good music

Coca-Cola says Q4 demand strong despite higher prices, revenue up by 7%

Coca-Cola raised prices to offset inflation and on Tuesday, it said that it didn't dent demand for its drinks during the fourth quarter. Revenue rose 7 per cent to USD 10.1 billion, slightly ahead of Wall Street forecasts, according to analysts polled by FactSet. Pricing and the mix of beverages contributed 12 per cent to revenue growth, while concentrate sales rose 2 per cent, Coke said. Coke has raised prices throughout the year __ or shifted some drinks into smaller value packs to account for higher ingredient and freight costs. The company had locked in prices for some commodities in 2022, but is expecting its costs to rise this year. The Atlanta company said its net income fell 16 per cent to USD 2 billion for the October-December period, partly because the strong US dollar impacted overseas profits. Adjusted for currency and other one-time factors, Coca-Cola earned 45 cents per share, line with analysts forecasts.

Realme 10 Pro 5G Coca-Cola Edition goes on sale at 12 pm: Price and specs

Priced at Rs 20,999, the smartphone will be available on Realme India website, Flipkart and select offline stores

Realme 10 Pro 5G Coca-Cola Edition phone launched in India: Details here

Priced at Rs 20,999, the Realme 10 Pro 5G Coca-Cola Edition smartphone will be available for purchase on Realme India website, Flipkart and select offline stores from February 14

Realme 10 Pro Coca-Cola Edition launching today: Livestream, expected specs

The Realme 10 Pro 5G Coca-Cola Edition smartphone launch event will kick off at 12:30 pm and it will livestream on Realme's YouTube channel

Top headlines: MSCI to review Adani Group securities, Maaza to go global

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Thums Up, Maaza to go global as Coca Cola bets on 'Indian' flavours

Coca Cola is also being very 'open-minded' about two other India-created flavours, Maaza Aam Panna and Fanta Apple Delite

Realme 10 Pro 5G Coca-Cola Edition smartphone to launch on February 10

Designed by Realme in partnership with beverage maker Coca-Cola, the special edition smartphone will come with 'Coca-Cola' branding on the frame, according to the teaser released by the company

Realme, Coca-Cola likely to launch a smartphone with exciting features

There are already leaked stories around the possibility of launching a new phone as part of the collaboration

Coca-Cola's bottling arm to revive plans to sell its business: Report

HCCB will sell Coca Cola's 16 factory units and it might take 12 months to conclude the deal

US FTC probes Pepsi, Coca-Cola over price discrimination, says report

The US antitrust law prevents large franchises and chains from engaging in price discrimination against small businesses

Kerala govt to get closed-down Coke factory property; protesters up in arms

The Plachimada Struggle Solidarity Committee, which saw to the closure of the Coca-Cola factory in Palakkad in 2004, is getting ready for another battle with the multi-American beverages giant