Acquisition

Binny Bansal: $16.0B moved in 2018

Walmart bought about 77 per cent of Flipkart, then the largest e-commerce deal ever done in India.

The figure

  • Amount16,000,000,000 US dollars
  • CategoryAcquisition
  • CorridorBengaluru, India → Bentonville, United States
  • Distance14.5K km apart
  • Year reported2018
  • Documentation confidence96/100

What that amount buys

$16.0B is roughly 213 long-range private jets, 38.1K median-priced US homes, or 198.5K years of median US household income.

Binny Bansal is publicly known as co-founder, flipkart. The arc drawn for this entry joins Bengaluru and Bentonville because those are the places the two sides of the deal are based — it is not the route a wire took through the banking system.

Source

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