KraftFoodsInc., announced today that its corporate name for the global snacks company will be Mondelēz International, Inc. (pronounced mohn-dah-LEEZ').
The newly coined word is meant to evoke the idea of “delicious world”, as "Monde" derives from the Latin word for "world" and "delez" is a fanciful expression of "delicious," Kraft says in a press release. And, “International” is mean to capture the global nature of the business.