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#5 - India's Largest Exit
The Network State Podcast
Walmart's Acquisition of Giff City
In 2018 before we even get to that it was totally unheard of to have a multi-billion dollar US acquisition in India. So first like just the international complexity of the legal system because India's legal system is fairly complicated. Just that alone was a big thing and then having multiple bidders and so on. We had just raised capital from consortium of internet companies eBay, Tencent and then SoftBank in 2017. And we were in discussions on and off with Walmart since 2016.
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