Sharing economy concept is dramatically penetrating to all types of industries and creating challenges or opportunities to traditional industries across the globe.
Sharing economy companies in transportation industry are expanding their businesses beyond bicycle sharing into international freight sharing services. One of them, ridesharing service has attracted many startups and they are willing to provide more convenient and advanced services than traditional taxi companies have been able to offer.
In Ulaanbaatar, the capital city of Mongolia, taxi service is not safe, accessible and well qualified enough. It is easily seen from the statistics that in the latest 3 years about 20000 of taxi service related crimes are registered. The industry is underserviced and individuals with private vehicles are playing in major role in taxi service in the city, which means hijacking is very popular. As 2019, international ridesharing companies like Uber, Grab are not working in Mongolia, but some local companies started to work for improving the current situation in taxi service and introducing smart device applications such as UBcab and Beeco.
The ridesharing business model in Mongolia would be very interesting case to be discussed. The research focus areas are:
 To define challenges facing to transportation networking companies in Mongolia.
 To recommend solutions to the challenges.
This research shows that there is high potential to increase the transportation service efficiency by use of sharing economy business model in Mongolia. But sharing economy in transportation has been relatively new industry in Mongolia; there still has not been well-developed government policy to support it.

Sharing economy concept is dramatically penetrating to all types of industries and creating challenges or opportunities to traditional industries across the globe.
Sharing economy companies in transportation industry are expanding their businesses beyond bicycle sharing into international freight sharing services. One of them, ridesharing service has attracted many startups and they are willing to provide more convenient and advanced services than traditional taxi companies have been able to offer.
In Ulaanbaatar, the capital city of Mongolia, taxi service is not safe, accessible and well qualified enough. It is easily seen from the statistics that in the latest 3 years about 20000 of taxi service related crimes are registered. The industry is underserviced and individuals with private vehicles are playing in major role in taxi service in the city, which means hijacking is very popular. As 2019, international ridesharing companies like Uber, Grab are not working in Mongolia, but some local companies started to work for improving the current situation in taxi service and introducing smart device applications such as UBcab and Beeco.
The ridesharing business model in Mongolia would be very interesting case to be discussed. The research focus areas are:
 To define challenges facing to transportation networking companies in Mongolia.
 To recommend solutions to the challenges.
This research shows that there is high potential to increase the transportation service efficiency by use of sharing economy business model in Mongolia. But sharing economy in transportation has been relatively new industry in Mongolia; there still has not been well-developed government policy to support it.

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2. Beeco ride sharing application’s official website. http://www.beeco.mn/.
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11. Mongolian National Statistical information service. www.1212.mn.
12. Mongolian, integrated legal information system. https://www.legalinfo.mn
13. Public taxi service classification and definition. General requirements MNS 51:2002. http://www.traffic-institute.mn/e_standart/e-05/e-05-11.html.
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18. UBcab company’s official website. www.ubcab.mn.