After 13 years in the number 1 spot on the widely respected Interband list of Best Global Brands, the soft drinks maker has been relegated to number 3 by Apple and Google.
Apple topped the list with a brand valued at $98bn!
The list is based on an assessment of the brand's impact on financial performance, its influence on consumer choice and its ability to command a premium price.
The top 10 brands are:
3. Coca Cola
Amazon is placed at number 19 and Facebook at number 52.