Gobi’s sales revenue up by 64 percent

The American Chamber of Commerce in Mongolia

2018-08-28 14:51 GMT+8

In the first half of 2018, Gobi JSC earned 55.6 billion MNT in revenue, an increase of 64 percent compared to the same period in 2017.

The growth was mainly driven by the company’s foreign sales, which went up by 88 percent. Since the beginning of 2018, Gobi has opened stores in the Inner Mongolia Autonomous Region of China, Germany, as well as Turkey.

Expanding its online sales channel, the company started selling its products on Amazon. As of the first six months of 2018, Gobi had stores in 34 cities in 13 countries, along with 53 franchises.

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