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Coca-Cola launches first-ever alcoholic drink

Coca-Cola Co. launched its first-ever alcoholic drink called "Lemon-Do," The Wall Street Journal reported May 28.

The fizzy drink, launched in Japan, will be available with 3%, 5% and 7% alcohol in the southern Kyushu region, the report said.

The drink will retail for ¥162, including tax.

The beverage giant had previously announced its intention to enter the low-alcohol market.

According to the report, demand for canned booze in Japan is growing despite a decline in overall popularity of alcoholic drinks.

As of May 25, US$1 was equivalent to ¥109.37.