Oreo is a product of Mondelēz. On July 1, 2013, Kraft Foods China completed relevant legal procedures and officially changed its name to Mondelēz China. Mondelēz China owns Oreo, Quduoduo, Youguan, Xianqu, Prince, Taiping, Lezhi, Yikolian, Hershey, Xuanmai, Milka and Guozhen, etc., which are well-known to Chinese consumers and Favorite brand.
Kraft Foods was split into two independent listed companies in October 2012. The grocery business for North America will continue to use the name of Kraft Foods, and the snack business for the global market will be named Mondelēz International. Mondelēz International is listed on Nasdaq with the stock code "MDLZ" and is a member of the S&P 500 Index, Nasdaq 100 Index, Dow Jones Sustainability Index and Ethibel Sustainability Index.
Extended information
1. Starbucks, the world’s largest coffee chain, said on the 12th that it will pay US$2.76 billion to Kraft Foods as the company terminates its relationship with the latter at least three years in advance. Indemnity under partnership agreement. In 2012, Kraft Foods split its snack business for the global market into an independent listed company "Mondelez International". But as early as 2011, Starbucks decided to take back the distribution rights of its bagged coffee, Starbucks and Kraft have been involved in a long dispute.
2. Sean Warren, President of Mondelēz China, said: “Both the Chinese and English names of the new company are closer to our consumers and employees, and also show that we provide ‘100 million products’ to Chinese consumers. In the future, we will continue to provide high-quality and delicious products, create more star brands like Oreo, and launch more new products through research and development, so as to better realize our goal of creating delicious food full of happiness. Moment's dream"
Reference: China Economic Net-Kraft Foods China changed its name to Mondelēz China