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Mongolia Digital Development

Digital Hopes in Mongolia

Battushig Batbold | Posted 09.20.2014 | World
Battushig Batbold

When one thinks of the digital age in Mongolia, it may be taken with a bit of a surprise given that we come from a nomadic background and are still considered a frontier market. Currently, the GDP of Mongolia stands at a little over 10 billion dollars. To put this in perspective, over the past few years tech companies such as Uber, WhatsApp, Dropbox and Palantir have all received valuations of more than 10 billion dollars each. With this in mind, if just one Mongolian child can create a startup company that ultimately succeeds, he or she might just be able to double the GDP of the entire country.