Coca-Cola has a long history dating back to 1866 when it was founded by John S. Pemberton. It now owns 500 brands across more than 200 countries and territories. In 2019, Coca-Cola had a 43.7% market share in the US and was one of the most valuable brands globally. The company segments its markets demographically, geographically, psychographically, and based on customer behavior and climate. It targets specific age groups, lifestyles, occupations, and media habits. Coca-Cola has positioned itself as a global leader in soft drinks, generating most of its revenue outside the US, and its logo is recognized nearly universally as a symbol of joy and happiness.