XOX Technology Berhad is a Malaysia-based company that offers telecommunication services and solutions. In March 2021, the company announced its strategic plan for future growth, which includes expanding its business in the gaming industry, digital banking, and e-commerce.
The first aspect of XOX Technology’s strategic plan is to enter the gaming industry. The company has identified the gaming industry as a high-growth market with vast potential. XOX Technology plans to develop and launch its own mobile game platform, which would host games from various publishers. Through this initiative, the company aims to establish a significant presence in the gaming industry and generate substantial revenue.
Secondly, XOX Technology Berhad has also set its sights on the digital banking industry. This move is in line with the Malaysian government’s initiative to promote digital banking services. XOX Technology’s strategy involves collaborating with licensed financial institutions to offer digital banking services to its customers. This partnership will allow XOX Technology to leverage its existing customer base and provide value-added services to its customers.
Lastly, XOX Technology is also looking to expand its presence in the e-commerce industry. The company aims to achieve this by leveraging its logistics capabilities and partnering with leading e-commerce platforms in Malaysia. XOX Technology plans to offer an end-to-end solution for e-commerce customers that includes logistics, payment solutions, and customer support services.
In conclusion, XOX Technology’s strategic plan for future growth is ambitious and comprehensive. The company has identified high-growth markets, such as gaming, digital banking, and e-commerce, where it plans to establish a significant presence. Through these initiatives, XOX Technology Berhad aims to generate substantial revenue and remain competitive in the highly dynamic and volatile telecommunication industry.
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