Todito.com

-Project status: Active
-Sectors: For-profit Activity
-Funding source: Private Investment Funded
-Location of project: Mexico | Latin America
-Project type: Telecommunications and IT Activity | Remittances Activity | Financial Services Activity | Consumer Products Activity

Managing Organization: TV Azteca & Grupo Dataflux

Managing Organization URL:
http://www.todito.com



Todito.com

Contact Name: Adri�n Gonz�lez, Director of Operations

Contact Email: adriang@todito.com

Contact Phone: (8) 319.36.00

Contact Address: Nacional Highway Km 2.71, Col. The Estanzuela, Monterrey, N.l., Mexico, C.P 64988


Activity URL:
http://www.todito.com


Activity Description: Todito.com, a Monterrey, Mexico-based company, is implementing a cross-border e-commerce venture. The idea is that Mexican workers in the North, instead of sending money through notoriously expensive transfers, would buy products such as refrigerators and stoves on the Internet, which Mexican companies would then deliver to their families in Mexico. Relying on massive promotion over Hispanic television in the U.S. for promotion, Todito would make 3.5 percent to 9 percent commission on sales. Eventually customers in the U.S. would be able to shop at 120 on-line stores, transfer money between accounts in the two countries, and pay bills in Mexico. To get around low computer ownership among Mexican Americans, Todito is installing kiosks in supermarkets, home electronics stores, banks and other businesses in Hispanic communities in the U.S. At the kiosks people can surf the net and then shop and make transfers after depositing money with the local business. Todito is also deploying their Internet kiosks in Mexico, including a planned 660 kiosks in Grupo Elektra stores located throughout the country.

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