End May Update, page-24

Agreed. You could liken NEA to XRO.

Both ensured they had finished tapping out the Australian and New Zealand markets, and then moved on to spending big and conquering the US and UK, and also earmarked other localities around the globe.

Asia is a great place to be, due to population density. The issue is it is hard to monetize products, as not many firms have been digitalized and they cannot afford to pay first-world prices when they do business in the developing world, and make developing world profits. I see Nearmap has earmarked China, which is great.