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Tavan Bogd Group (Mongolian: Таван Богд групп) is a Mongolian conglomerate with 19 subsidiaries and 2 affiliates in operates across eight diverse sectors that include cashmere production, automobile and mining equipment trading, food production, financial services, international trade, tourism, property development, IT, and healthcare.
Gobi was founded in 2002 by Thomas Tsao, Lawrence Tse and Wai Kit Lau who were previously employees at WI Harper, a San Francisco VC firm. The three who had different professions in banking, engineering and law before by training were all Chinese speakers which gave the team an advantage in negotiations and conference calls.
2007 – FCI LLC bought the remaining shares from the state and made Gobi JSC into a fully private company. [3] 2008 – GOBI Cashmere Factory Store opened its door as the flagship of stores. [7] [3] 2010 - Print technology was introduced in Mongolian cashmere industry. [19] 2011 - The production capacity has been doubled. GOBI Cashmere ...
The company has a focus on responsible travel and is a signatory to the United Nations Global Compact. [13]In 2010, it became a carbon neutral business [14] and in 2020 it became the first global tour operator with a verified carbon emissions target from the Science Based Targets initiative. [15]
The companies’ escorted and independent vacations offer nearly 10,000 departures and over 400 different itineraries, covering more than 65 countries on six continents. Combined, the travel brands carry nearly 500,000 passengers per year, making Globus the largest tour operator worldwide. [7]
The company was founded in 1910 and operates worldwide through independent operators it calls "licensees" with a presence in most of the world's most popular sightseeing destinations. Gray Line does not provide sightseeing services directly, but rather provides its brand, promotional services and booking systems to licensees. [ 1 ]