Shareholders in New Zealand company Xero made 330 per cent in 2013 and lost 50 per cent in 2014; MYOB's share price has lost 10 per cent since its float in May; 1-Page is up 780 per cent in one year.
In the context of the input sentence, determine the relationship between 'Xero' and 'New Zealand'.
Options: owner of, location of formation, industry, legal form