Ann: Chairman's Address and CEO's Address to Annual Meeting, page-8

so what are the threats from facebook and amazon?

the sp doesn't reflect the incomes trend year after year so I expect some squeeze after reading all the valuation metrics from some fantastic posters

I hope Tme could use excessive cash flow to acquire or to sign a contract with a courier service, Uber for example.

Tme said it wants to promote more local business rather than to compete with international market giants.

Tme marketplace revenue for the year only grew 1% while its marketplace revenue occupied 28% of total of the group revenue.

this is its weakest point even though afterpay model is good seevice especially when it comes to a rising interest environment.

This also reflected the low inflation rate and a weak NZD that not to mention NZ population is not strong enough to say NZ is a purchasing superhero like China and US

to improve this area Tme needs faster courier service. internet giants could not succeed without cheap courier services

for example you could order an uber through google map and the post office outlets should use cheap service from uber to get rid off its startrack courier service to reduce costs so I think it's not hard to cooperate with Uber to BEAT those internet incumbents