Larixon Classifieds, a Cyprus-based company that operates leading marketplaces in small, early-stage classified markets from Mongolia to the Caribbean, has appointed Amartsogt Batbayar as its managing director in Mongolia.

An experienced business development manager with a history of working in the fintech and financial services industry, Batbayar will be responsible for, the largest website and mobile app in the country, with over 7 million visits per month and annual revenue of up to MNT4 billion ($1.2 million U.S.).

“We believe that his experience and strategic vision for development will take us to a new level,” said Larixon Classifieds. “We have new and ambitious goals and tasks ahead of us.”

Batbayar (LinkedIn profile) has a bachelor’s degree in business administration and international relationships from the Mongolian Swedish Wind Horse College.

One of his most recent projects in Mongolia was EasyPay, a payment system integrated with POS terminal, QR payment and e-wallet tools, offering local merchants analytical tools and owner/admin dashboards, in a bid to make acquiring new clients easier and quicker.

In addition to, Larixon Classifieds’ portfolio includes leading horizontals in Cyprus, in Tajikistan, in Trinidad and Tobago, and, the leading automotive marketplace in Jamaica.

Related Articles