Export & Import
It is the mission of Kandu Global Exports (KGx) to provide complete import/export brokerage services including purchase contracts, shipping, warehousing, and delivery scheduling. The company concentrates on special and cultural imports from around the globe from KGx headquarters in Los Angeles, CA.
Kandu Global Exports focuses on exports of over the counter medicines, electronics, and pharmaceutical equipment to Brazil, China, Ethiopia and The Horn of Africa, India and South Asia, Jamaica, Haiti, Belize, Venezuela, Columbia, Ecuador, continental Africa, the transitional economies of Eastern Europe and all other places where it is legal for USA-based businesses to run and operate. Most of the company's shipments are 100% American made while some combine American-made products and equipment with some re-packaging and labeling.
The pure competition of sport teaches the formulas used by organizations that consistently come out as the winners and methodologies used by those who are not as successful. Professional athletes, particularly in team sports must be “on” for themselves and their teammates at all times to produce points, wins, and positive results that propel them to the next tier of competition. The winning team of athletes must prepare itself during practice for their competitors by studying their system of play, offensive/defensive positioning strategies, and marquee players.
Successful companies mirror and adopt the personalities of sports teams in many ways. CEOs are typically captains or marquee players, who chair the Board of Directors / coaching staff, and the markets are where they study financial systems of play, and offensive / defensive strategies used by the competition. This methodology is particularly beneficial to the start-up company seeking to establish itself as a corporate entity in global markets, such as Kandu Global Telecommunications, Inc. KG and its remittance solutions, KanduPay and KanduWire.
Just as successful sports teams practice to perfect their sport, we start by studying the market to understand it in depth, to find where our competitive advantages may be discovered. There are two major competitors that Kandu Global must face in the international remittance market: Western Union and MoneyGram. These two companies control 12% to 15% of the international remittance market. Yet, their fees change from country to country and in some cases they charge ten dollars in fees to send US twenty dollar(s) cash. Brick and mortar stores that disperse funds often close early and local residents have to travel several miles to reach the kiosks.
We have leveraged the shortfalls of current remittance providers to our advantage, as sports teams exploit weaknesses of their competitors to their advantage. In places where the banking system is underdeveloped or nonexistent, KanduWire sends money to KanduPay cardholders who can send additional KanduPay prepaid stored value debit card to their relatives in a foreign country and then use their cell phone to transfer money from their KanduPay card to the KanduPay card of their relative. Kandu Global expects to earn $2.00 for every international card-to- card transfer and $.50 for every domestic US transfer. By providing a cheaper and more convenient alternative, we can capture a significant portion of the remittance market.
According to the New York Times over 400 billion dollars has been transferred using remittance technologies from developed markets to emerging markets in 2014. In 2018, the World Bank reports that monies remitted to low and middle-income countries grew a whopping 9.6 percent to an annual total of $529 billion. The World Bank projects that remittance transactions are expected to reach $1 trillion by 2020. Three major financial institutions, making up the other 88% of this market, JP Morgan, Bank of America, and Citibank, exited this business as of July 2014. Having studied the market and our competition, we find ourselves in an excellent position to move forward as a team, to continually improve our play and draw upon our individual strengths. Thinking like a sports team has taught our company how to prepare and compete globally.
Due to lack of balance & holistic news and images broadcast by mainstream news/media networks. Per consulting with nationals from nations with emerging & transitional economies, particularly in Africa, Central/Eastern Europe, Latin America, and Asia; citizens were paying high prices for basic telecommunications and Internet service. These costs were extraordinarily high due to lack of telecommunications infrastructure.
Communications for economic development via News, Information, New Media Technology, Sports & Entertainment. The 21st Century Information Age provides the environment for KGN to realize extraordinary financial and social impact opportunities presented by the demand for new media technology and telecommunications content, products and services in the world’s emerging markets. We endeavor to facilitate bridges between these spheres via marketing, advertising, and information sharing. It is our goal to be your full-service communications provider within these burgeoning markets!
KGN will close the information divide between developed and emerging markets by facilitating a unique, innovative global perspective on business, politics, music, sports, and entertainment via original publications, stories, and live news feeds. Kandu-Global.com in coordination with KGN will sell wireless service, satellite cable subscriptions, and their supplementary hardware, software, and services. We will reduce costs to the consumer by utilizing ‘price efficient’ ‘green’ New Media Technologies and services. It is our mission to introduce the cultures, lifestyles, and issues of a core market of emerging & transitional markets, through a 'balanced' holistic perspective to the rest of the world. However, in doing so, we ‘cross-facilitate’ this endeavor via (“KGN”) through our focused global coverage of this unique market crossing through the United States, Latin America, Asia, the Near East, and Europe.
Our intent is to bring forth a common culture amongst our market that has thus far been separated by several thousand languages, centuries-old cultural nuances, and regional/geographic proximity and skewed outlooks.
However, the trick is to make its delivery fun, sexy, intellectually stimulating, entertaining, and most of all – FACTUAL. The market size is upwards of 65 countries and several thousand communities worldwide, as prescribed by UN economic indicators. KGN full-service website, coming soon!
Kandu Global Sports (KGS) (Biometrics): Headquartered in Los Angeles, California, Kandu Global Sports is a sports technology, data and content company that offers sports analytic solutions to track and analyze granular information for every player. A data driven health revolution is underway, and we at Kandu Global will use those same tools to increase the competitive edge of teams with data collection and mining. Data can be collected via the company’s proprietary Biotech apparel utilizing LoRa, by Semtech Corp, and low power wide area networks (LPWAN), being deployed within the (IoT). Coming soon, http://kanduglobalsports.com
Kandu Global is an international telecommunications, media, and technology company. Our mission is to become a world leader in, the global Africana media space; and a top competitor in the global telecommunications and technology sectors. We aim to create the bridge amongst many nations that make up one village.
We have a special challenge as a new small boutique company coming from an American perspective and attempting to facilitate news and electronic commerce/remittance via Kandu Global News (KGN), KanduPay, and KanduWire in a new global niche market. Our flagship company, KGN, is created in the vein of BBC, CNN, Al Jazeera, and AFP: an online global news network covering Africana developed, emerging and transitional economy markets.
According to the Financial Times, US megastore Walmart and UK supermarket Tesco found expansion into China tougher and slower than expected. Global companies – whether new or old entrants to Africa –face similar headwinds if they fail to adapt their marketing and advertising to the continent. An aspect of our organization that could be viewed as ‘problematic’ is creating a marketing campaign that will properly communicate synergy, provide cultural cohesion, and return commercial marketing and advertising revenue among a multi-national Africana market.
In comparison to KGN, when looking at companies such as Univision, Telemundo, or Al Jazeera their greatest means to overcome this potential problem are the common language and religion amongst those who subscribe to their services despite the differences of national origin and/or location. Therefore, the challenges at KGN are unique. However, if we can make our English broadcast the platinum standard of news, marketing, and advertising for this market, with real-time translation available in all languages, we may successfully overcome this challenge.
CNN and the BBC appeared to have stymied this challenge by being considered the global standard in their respective businesses. In public opinion, CNN has become more entertainment and sensational than it was ten years ago due to competition from other US national broadcasters such as Fox News. BBC covers the globe, has a reputation for being more balanced and accurate than its competitors, and readily has language translation available per just about every region of the planet.
How does a newcomer like KGN fit into the broadcasting landscape on a global scale while remaining true to its American-Africana- Asiatic-Europa style of reporting? How does KGN address the potential problematic aspect of communicating to a multi-national Africana market while facilitating the flow of news, information, entertainment, and electronic commerce?
KGN will need to incorporate a financial approach to converge these multinational Africana markets. With KGN we look to provide a liquid malleable marketing strategy that speaks the local languages and differentiating cultures of our market while enabling the market to continue with sending monies home to family, loved ones, and business via KanduWire remittance services at flat fees. With KanduPay, we look to provide this market with a technology that allows people to purchase goods with their wireless devices from all over world in coordination with our unique software and relationships with banking institutions and telecoms from across the globe. We will also feature music and video applications for wireless devices that allow our users to fully engage in their own unique individual cultural, economic, and consumer experience. When we make it easier and more attractive for our market to engage financially, we make the market much more receptive to engaging with one another culturally, academically, scientifically, and romantically. The current environment in the United States has left a vacuum for KanduWire to not only facilitate this niche market but the remittance market as a whole.
According to the New York Times, JPMorgan Chase and Bank of America have scrapped low-cost services that allowed Mexican immigrants to send money to their families across the border. The Spanish bank BBVA is reportedly exploring the sale of its unit that wires money to Mexico and across Latin America. Also, in perhaps the deepest retrenchment by a bank, Citigroup’s Banamex USA unit has now closed many of its branches in Texas, California and Arizona that catered to Mexicans living in the United States and stopped most remittances to Mexico as it faces a federal investigation related to money laundering controls.
The report from the New York Times goes on to explain that Merchants Bank of California is one of the only banks that will still provide remittance services, yet as regulatory scrutiny is tightened, it may drop this banking service as well. Money transfer companies in cities with large Somali populations that have utilized Merchants Bank of California may no longer be able to serve this population. In Somalia, like many emerging market economies, remittances are a major income source, and losing remittance income could be devastating. Money transfer companies serving the Somali population are now searching for alternatives as Merchants Bank of California and other banks increasingly decide to leave the remittance business behind.
Due to the vacuum and cancellation of services initially provided by these institutions above, KanduWire with the proper anti-money laundering security systems in place, has a very unique opportunity to capitalize on the global remittance market while simultaneously provides news via KGN, and a means to pay via KanduPay.
The advantages of this strategy are a three-pronged implementation of culture, commerce, and cash via a security enabled one-stop lifestyle shop catering to a niche market. Not only will we follow the money, as described in strategy 1, but by taking advantage of an essential missing service that will benefit the diverse Africana communities, we will unite our market and draw them toward KGN and our other services. The challenges of this strategy are making certain our security systems, compliance exchange procedures and encryption systems are at the forefront of technology, withstanding regulatory scrutiny, and setting the trends of the future of these services across the globe.
Electronic lifestyle solutions for connecting the globe: With KGN we provide a liquid malleable marketing strategy that speaks the local languages and to the many cultures of our market while enabling the market to continue with sending monies home to family, loved ones, and business via KanduPay remittance services at flat fees. With KanduPay, we provide this market with a technology that allows people to purchase goods with their wireless devices from all over the world in coordination with our unique software and relationships with banking institutions and telecoms from across the globe. We also feature music and video applications for wireless devices that allow our users to fully engage in their own unique individual cultural, economic, and consumer or executive experience. When we make it easier and more attractive for our market to engage financially, we make the market much more receptive to engaging with one another culturally, academically, scientifically, and romantically. Additionally, we offer over one million products ranging from mobiles phones, notepads, computer electronics & accessories; to high tech kitchen appliances with our stakeholders and affiliates.