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This unusual business name is highly brandable. It alludes to tech / music brand names.
The name "Xioxo" has only five characters and four syllables. Established brands using four syllable names include Unilever, Airbnb and ESPN.
This domain was first registered in November 2016. Older domains have an advantage when ranking in search engines.
Xioxo.com is a dot com domain. Dot com domains are the most valued domain extension in the world, famously used by websites like google.com. When you own a dot com, it is much easier to rank for your own name in search engines.