While MDLZ's growth initiatives and market positioning are promising, cost inflation and the current economic environment raise concerns.
Urban Legend’s air frying technology reduces fat, sugar and caloriesby 30% to 75% vs. traditionally made doughnutsSupports Mondelēz strategic intent to expand in cakes and pastries CHICAGO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Mondelēz International, Inc. (Nasdaq: MDLZ) today announced that its corporate venture capital arm, SnackFutures Ventures, has taken a minority stake in Urban Legend, a fast-growing, “better-for-you” fresh doughnut and pastry business in the United Kingdom. Founded in 2021 by
The partnership is set to enable ACN to solidify its position as a frontrunner in AI-driven solutions while expanding its influence in the CPG industry.