Kraft Foods was split into two independent listed companies on 20 12 and 10. The name of Kraft Foods is used in the grocery business in North America, and the name of Ziyi International is used in the snack business in the global market. Ziyi International is listed on NASDAQ with the stock code "MDLZ". It is a member of Standard & Poor's 500 Index, Nasdaq 100 Index, Dow Jones Sustainability Index and Ethibel Sustainability Index.
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1. Starbucks 12, the world's largest coffee chain, said it would pay Kraft $2.76 billion as compensation for terminating its cooperation agreement with the latter at least three years in advance. 20 12 Kraft Foods split its snack business for the global market into an independent listed company "Ziyi International". However, as early as 20 1 1, Starbucks decided to withdraw the distribution right of its bagged coffee, and Starbucks and Kraft fell into a long-term dispute.
2. Sean Warren, president of Ziyi China, said: "The Chinese and English names of the new company are closer to our consumers and employees, which also shows our determination to provide hundreds of millions of good flavors to consumers in China. In the future, we will continue to provide high-quality and delicious products, create more star brands like Oreo, launch more new products through research and development, and better realize our dream of' creating delicious moments full of happiness'. "
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China Economic Net-Kraft Foods China was renamed Ziyi China.