About Gig Economy sector in Mongolia
The Gig Economy sector in Mongolia comprises 15 companies, including 3 funded companies.
This sector includes companies offering software for freelancers to manage their businesses and for companies to manage their freelance/contingent workforce.
Gig Economy sector is also known as Freelance Economy or On-demand Economy.
Companies offering freelance business management, project bidding solutions, project management tools, financial solutions for freelancers, networking platforms, contingent workforce management for businesses, freelance payroll, freelance recruitment platforms, etc are included in this sector. Job Boards, generic employee management solutions, generic collaboration tools, etc are excluded.
Top Gig Economy Companies in Mongolia
There are 15 Gig Economy startups in Mongolia which include UBCab, GoShop, Beeco, daigdy.mn, QMenu. Out of these, 3 startups are funded.
Over the past 10 years, an average of 1 new company has been launched annually. Notably, several of these startups have been founded by alumni of Duke University.
Here is the list of top Gig Economy startups in Mongolia
1. UBCab
UBCab is an online ride-hailing app in Mongolia. Through the app, users can find & book their nearest available taxi by providing the pickup & drop location. Also, UBCab maintains its integrated tariff management system, therefore, the fare for the rides will be generated automatically by calculating the distance traveled. The app is available for both Android and iOS devices.
Key facts about UBCab
- Founded Year: 2014
- Location: Ulaanbaatar (Mongolia)
- Stage: Funding Raised
- Investors: RISE and MCS Ventures
- Tracxn Score: 44/100 What is this?
- Competitors Rank: 1 of 7 Competitors
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2. GoShop
Meal Temple is an app-based platform for food deliveries. It allows users to choose from various cuisines and local restaurants and delivers their orders. It also caters to businesses. They can track orders, view order histories and make online payments.
Key facts about GoShop
- Founded Year: 2019
- Location: Ulaanbaatar (Mongolia)
- Stage: Unfunded
- Tracxn Score: 24/100 What is this?
- Competitors Rank: 1 of 3 Competitors
3. Beeco
App-based platform offering car-pooling services. The platform enables users to find, book, and share their rides with others who travel in a similar direction and claims to earn from that. It offers features like chat with ride partners, live vehicle tracking, intercity rides, etc. The mobile application is available for Android and iOS platforms.
Key facts about Beeco
- Founded Year: 2017
- Location: Ulaanbaatar (Mongolia)
- Stage: Unfunded
- Tracxn Score: 24/100 What is this?
- Competitors Rank: 2 of 6 Competitors
4. daigdy.mn
Online platform offering transportation services. It is a transportation service provider that offers door-to-door services, allowing users to book and track their journeys. The company's services cater to individuals needing on-demand ride hailing services.
Key facts about daigdy.mn
- Location: Mongolia
- Stage: Unfunded
- Tracxn Score: 23/100 What is this?
- Competitors Rank: 1539 of 6,359 Competitors
5. QMenu
Online food ordering app for restaurants. The platform offers to browse local restaurants, delivery menus, coupons, and reviews. It provides a platform for ordering food for delivery or pickup from different restaurants.
Key facts about QMenu
- Founded Year: 2020
- Location: Ulaanbaatar (Mongolia)
- Stage: Funding Raised
- Investors: MCS Ventures
- Tracxn Score: 22/100 What is this?
- Competitors Rank: 2 of 3 Competitors
Companies founded year-on-year in the Gig Economy sector in Mongolia
3 Gig Economy startups in Mongolia were founded in 2019 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | - |
2024 | - |
2023 | 1 |
2022 | 1 |
2021 | 1 |
2020 | 1 |
2019 | 3 |
2018 | 1 |
2017 | 2 |
2016 | 2 |
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Top Investors in Gig Economy in Mongolia
MCS Ventures is the top investor in Gig Economy companies in Mongolia based on number of companies invested.
Here are some top investors in Gig Economy companies in Mongolia:
