www.olloo.mn is one of the biggest news websites and was established in 2004 by Olloo LLC. At the end of 2015, the website enjoyed a daily reach of 9% and was ranked among the top 5 news websites according to the audience research on the use of Internet by the Press Institute. According to alexa.com the website olloo.mn is on rank 9 among the Mongolian top news websites. Apart from operating the news website, Olloo LLC is active in web programming, online advertisement and online TV services. The company stated that it does not own other media companies. The webiste Olloo.mn has popular colums on social, political, economic, world news and techology news. Olloo.mn is the first online news media registered at the Mongolian Stock Exchange. During the first years when olloo.mn issued stocks the general director of the company was Ts. Enkhtsetseg, who owned the biggest share of the company with 26,1 percent. As of 2016 the company is owned by Ms. Enkhtsetseg (O-3100), Asia Pacific Broker Dealer Company (O-3101), Mr. Enkhbayar (O-3102), APIP Co Ltd (O-3077), Paul Franklin Kirkegaard JR (O-3103) and 426 small shareholders. The Chairman of the Board is Mr. Buuveibaatar. Anecdotal evidences suggest that he used to be President Elbegdorj’s assistant and advisor. However, the official website of the President does not include his name on the list of advisors.The current director is R. Tsagaangan, he is a journalist who has been working in the company from the very beginning.
MD not measurable
Media Companies / Groups
Olloo Co Ltd
Mr. Enkhtsetseg 26.1 percent; Asia Pacific Broker Dealer Company 18.5 percent; Enkhbayar Sh, 17, 8 percent; Other shareholders are two more companies and 426 individuals.
Executive director and Chief Editor Ms.Tsagaangan
Revenue (in Mill. $)
Advertising revenue: 80 259 845 MNT
Advertising (in % of total funding)
Private advertising revenue: 62 532 573 MNT. Public advertising revenue: 17 727 272 MNT
The company filled the survey questionnaire in complete and was exceptionally very open.
Mongolian Media Today, Press Institute of Mongolia, 2016, Document ID-1; MOM questionnaire;
Press Institute, Audience Survey, 2015, Document ID-3 ;