About Mondelez International, Inc. (MDLZ)

Company Description:

Mondelez International, Inc. is a global leader in the confectionery, food, and beverage industries. The company's extensive product portfolio includes chocolate, biscuits, gum, candy, coffee, and powdered beverages.

Mondelez International was created in 2012 following the spin-off of Kraft Foods Inc.'s North American grocery operations. The company is currently headquartered in Chicago, Illinois, United States, continuing its legacy of providing quality snacks around the world.

Main Product(s):

Mondelez's main products encompass a variety of well-known snack brands, including Oreo, Cadbury, Milka chocolates, Trident gum, and Tang powdered beverages, amongst others.

Short History of Mondelez International, Inc:

• October 2012 – Kraft Foods Inc. split into two companies, Kraft Foods Group and Mondelez International.
• 2014 – The company made a major shift by divesting its coffee business to focus on snacks.
• 2015 – Mondelez announced a major cost-reduction plan to improve margins.
• 2017 – Launched SnackFutures, an innovation and venture hub.
• 2020 – Adapted and expanded e-commerce capabilities in response to the COVID-19 pandemic.