Exxe Group Active with Core Businesses Growing Despite Global Health Crisis - Seite 2

Core Business Growing

In particular, our agribusiness has become one of the most critical business lines in our entire company due to regional and local demand for our integrated production, logistics and distribution services, given the current pandemic. Other industry units are also performing ahead of expectations. For example, Mein Motors (our e-commerce-based car parts company) is on track to generate 30% revenue growth this period driven by general automotive repair demand which is replacing auto purchasing. Our digital platforms segment is also set to thrive in the current distributed corporate environment and we plan to expand our reach here, going forward, as business and broad applications are conducted remotely by companies of all sizes. Almost across the board, the Exxe Group business lines have forged ahead as activity has generally not been slowed or halted as is the case with other industries and other companies. 

New Initiatives

In addition to the VC Fund business line, our group heads are also working hard on new strategic initiatives and ventures in the real estate tech, fintech, digital platforms segments and even the health care arena, which has overnight become arguably the most critical business segment worldwide. Much like we are accomplishing with Mylestone, Mein Motors, and AXXA Venture Fund, we believe that in the coming months, Exxe Group is poised to generate new, mission-critical offerings and attention that leverage our abilities to seek out the right technology, the right company, and the right vehicle for growth.

Dr. Nazmiev, PhD concluded, “We thank our shareholders for their support during this period and hope that everyone is safe and healthy and the Company forges ahead. We will apprise you of the status of the aforementioned initiatives and new platform introductions as we get closer to execution.” 

About Exxe Group, Inc.
Exxe Group is a diversified corporation focusing on acquisitions in the following sectors: real estate, sustainable technology, media, agribusiness, and financial services. Exxe Group is an acquisition-driven company. The Company strategy is to acquire controlling equity interests in undervalued companies and undertake an active role in improving their performance - accelerating their growth by providing both access to capital and management expertise. For additional information go to www.exxegroup.com