Coca-Cola's transformation gradually succeeds Coca-Cola bottled coffee

Since the new CEO James Quincy took office in May, Coca-Cola has turned to "beverage companies" rather than "carbonated beverage companies", looking for diversified growth, especially in health and high-end products. After a quarter of testing, Coca-Cola did begin to seriously take off its carbonated beverage company's hat. From the point of view of the business line, Coca-Cola's main carbonated beverage products have continued the previous downturn, with consumption unchanged from last year, with only Sprite and the newly promoted Coca-Cola Zero Sugar-free better realized. Non-carbonated drinks stood out, with consumption of fruit juice, dairy products, coffee and tea all up 1 per cent year-on-year, but surprisingly, consumption in the water and sports drinks business fell by 1 per cent. It is worth mentioning that in coffee drinks, Coca-Cola has partnered with Dunkin' Donuts doughnuts and McDonald's to enter the bottled coffee business.