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This unusual business name is highly brandable. It alludes to tech / music brand names.
The word "xioxo" contains only five characters and four syllables. Successful brands using four syllable names include Coca-Cola, ESPN and Panasonic.
This domain was first registered in November 2016. Older domains have an advantage when ranking in search engines.
Xioxo.com is a .com domain. Dot com domains are the most valuable domain extension in the world, famously used by websites like facebook.com. Owning a .com says that you own the word "xioxo" online.
One suggestion for how this name could sound when used.