QXO
🚀 QXO was launched on December 11, aiming to lead in construction product distribution.
💰 The company targets a market that moves $800 billion annually, growing at 7% in recent years.
💡 QXO plans to consolidate the market through organic and inorganic growth, applying technology to key sectors like lumber and landscaping.
🎯 The goal is to reach $1 billion in revenue in the first year and $5 billion in the third year.
🤖 Jacobs believes AI and B2B e-commerce will drive a revolution in construction product distribution.
@adriarivero:
“Brad Jacobs launched QXO on December 11, aiming to lead the distribution of construction products, an $800 billion market that has grown at 7% annually. The plan involves consolidating the market through acquisitions and organic growth in Europe and the United States, applying technology to sectors like lumber, doors, windows, and landscaping supplies. QXO aims to reach $1 billion in revenue in its first year and $5 billion in its third year, driven by AI and B2B e-commerce.”
Watch the exact part of the video where Adrià Rivero talks about QXO here:
Watch the video on YouTube.
Read more articles by the world’s top 100 analysts on QXO (QXO) at the following link. QXO stock.
