Coca-Cola management reacts after Cristiano Ronaldo's snub affect its business

16-06-2021 Wed 20:28

On Tuesday, the beverage giant lost billions of dollars in market value after football star Cristiano Ronaldo placed aside two bottles of Coca Cola during a press conference and held up a water bottle instead.

Ronaldo was seen at a press conference putting Coca Cola bottles aside while sitting down for a media interaction, taking the brand name. He then reached for a bottle of water and said yes to it.

After this incident, in a matter of weeks, Coca-market Cola's value fell from $242 billion to $238 billion, a $4 billion drop.

The incident was captured on video and quickly went viral on social media.
Coca-Cola responded by saying that everyone is obligated to their drink preferences, citing different tastes and needs.

Part 2

More Latest Video News

RGV about AP CM YS Jagan formal dressing style

RGV about AP CM YS Jagan formal dressing style.

Little girl walks to school as goat follows her in adorable viral video

An extremely adorable video from a picturesque hilly area in Himachal Pradesh has gone viral on social media in which a girl is going to school with her goat tailing her cutely through the..

Uma Devi's remuneration for Telugu Bigg Boss show

Uma Devi who is well known as Ardapavu Bhagyam for her Karthika Deepam character got evicted from the Telugu Bigg Boss house in the second week. It is known that she gained negativity from..

Couple who lost daughters in Kachuluru boat accident have twin girls on same date after two years

Visakhapatnam: Two years completed for the tragic Godavari boat accident in Kachuluru, Andhra Pradesh and 51 people lost their lives during the incident. Bhagyalakshmi and her husband Appala Raju also lost their one and..

Ram Charan's wife Upasana visits Tirumala along with friends

Tollywood Mega Power Star Ram Charan's wife, Vice Chairman of Apollo Charity, Chief Editor of B Positive Upasana Kamineni Konidela visited Tirumala and offered prayers to Lord Venkateswara Swamy. She along with her friends..

7 AM Telugu News: 21st Sep 2021

7 AM Telugu News Headlines Dated 21st Sep 2021:-* Andhra Pradesh Chief Minister YS Jagan Mohan Reddy to launch trade fair in Vijayawada today.* Officials suspect Delhi person as accused in seized..

Akkineni Nagarjuna to get high remuneration for Bigg Boss 5 Telugu!!

Bigg Boss, the world's largest reality show gained millions of followers across the nation and Telugu Bigg Boss also garnered good TRP ratings. It is known that host Salman Khan is going to get..

GHMC sweeper offered assistant entomology job, thanks to KTR

Hyderabad: Rajini, a postgraduate in organic chemistry and PhD aspirant was forced to work as a contract sweeper in GHMC after her family situation. Her problems came to an end after her story grabbed..

Anchor Varshini Sounderajan looks gorgeous in her latest photoshoot pics

Telugu anchor Varshini Sounderajan's latest looks doing rounds on social media and throbbing the hearts of youngsters. This Dhee anchor recently shared a few pictures and videos on her Instagram handle in which she..

No attack took place on Chandrababu Naidu's house: Guntur range DIG Trivikram Varma

Guntur: Trivikram Varma, Deputy Inspector General of Police, Guntur Range dismissed the allegations made by the opposition that an attack took place on the residence of Telugu Desam Party supremo Chandrababu Naidu on 18..

Pictures of Taliban fighters pedalling boats go viral

A few pictures of the Taliban enjoying pedalling boats amid the scenic background of Hindu Kush mountains lake are going viral on social media and creating a buzz. From the shared pictures, Taliban fighters..

Sarayu shocking comments on Shanmukh followers, Bigg Boss

Telugu Bigg Boss season 5 first week eliminated contestant Sarayu made strong comments against housemate Shanmukh Jaswanth. Speaking to the interview, Sarayu said that housemates started covering themselves after she was evicted from the..

Extra Jabardasth latest Promo - 24th Sept 2021 - Sudigali Sudheer, Rashmi Gautam

Enjoy the latest promo of the comedy programme 'Extra Jabardasth.' The competitors Sudigali Sudhakar, Bullet Bhaskar, Auto Ram Prasad, Rakesh, Rohini, Faima, Varsha, Emanuel, Getup Srinu, and others engaged in comedy acts in the..

9 PM Telugu News: 20th Sep 2021

9 PM Telugu News Headlines Dated 20th Sep 2021:-* The government of Andhra Pradesh intends to begin a housing initiative on October 25.* CM Jagan has claimed that the opposition's plot to..

Chandrababu sensational comments on AP DGP Gautam Sawang

TDP chief N Chandrababu Naidu stated that the TDP has been serving the people of the state for the past 22 years. In response to the recent stone-pelting incident outside his residence in Undavalli,..