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GDS Holdings Limited ADS - GDS STOCK NEWS

Welcome to our dedicated page for GDS Holdings ADS news (Ticker: GDS), a resource for investors and traders seeking the latest updates and insights on GDS Holdings ADS stock.

GDS Holdings Limited (NASDAQ: GDS) is a premier provider of cutting-edge data center infrastructure and services, strategically positioned in major markets across China. With more than 16 years of impeccable operational history, GDS serves the most demanding customer segments, including top-tier internet companies, a broad ecosystem of financial institutions, large enterprises, and multinational corporations.

GDS started its journey in 2001 as an IT service provider and transitioned into the data center business by launching its first self-developed data center in 2010. Today, the company is recognized for developing and operating data centers that cater to hyperscale cloud service customers, who often reserve large portions or entire data centers under long-term contracts. The company has pursued aggressive capital raising over the past four years to fuel its expansion plans.

GDS's current portfolio includes over 77,000 sqm of critical facilities area in service, with an additional 37,000 sqm under construction. These facilities are known for their high availability, power density, and efficiency. Through its innovative CloudMix™ platform, GDS enhances its customers' ability to access and manage multi-cloud services, providing a seamless, integrated experience.

The company’s data centers are primarily located in and around Tier 1 cities in China, and GDS has also initiated expansion into Southeast Asia. GDS made its debut on the Nasdaq in 2016 and subsequently completed a secondary listing in Hong Kong in 2020, further cementing its status as a global player in the data center market.

Recent Achievements and Projects:

  • Second Quarter 2023 Financial Highlights
  • Second Quarter 2023 Operating Highlights
  • Recent Development
  • Conference Call Information
  • Third Quarter 2023 Financial Highlights
  • Third Quarter 2023 Operating Highlights
  • Fourth Quarter 2023 Financial Highlights
  • Full Year 2023 Financial Highlights
  • First Quarter 2024 Financial Highlights
  • First Quarter 2024 Operating Highlights

GDS continues to push the boundaries of technology and service in the data center industry, ensuring high performance, reliability, and innovation in its offerings.

News

GDS Files 2023 Annual Report on Form 20-F

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GDS Holdings filed its 2023 annual report on Form 20-F with the SEC, showcasing its operational and financial performance for the fiscal year ended December 31, 2023. The report can be accessed on the Company's investor relations website and the SEC's website. Shareholders and ADS holders can request hardcopies of the report for free.

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GDS Holdings Limited Reports Fourth Quarter and Full Year 2023 Results

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GDS Holdings announced its unaudited financial results for Q4 and full year 2023. Despite revenue growth, the company reported a net loss in both periods. Adjusted EBITDA increased, but gross profit margin declined. The company is focused on international expansion and equity raises.
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GDS Announces Landmark US$587 Million Equity Raise For its International Business

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GDS Holdings announces a significant step in obtaining financing for its international business with a US$587 million Series A convertible preferred shares transaction. The company's subsidiary, GDS International, secures investments from institutional private equity investors, leading to a pre-money equity valuation of US$750 million. GDSI's portfolio includes 330 MW of data center capacity in service and under construction across strategic locations in Asia. The Series A subscription price implies an enterprise valuation of around US$2.3 billion, positioning GDSI well for future development without further inter-company funding.
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GDS Appoints Jamie Khoo As CEO of GDS International

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GDS Holdings announces the appointment of Ms. Jamie Khoo as the CEO of GDS International, the holding company for its international data center assets. The move comes with the closing of the Series A capital raise. Ms. Khoo has a strong background in finance and management, previously serving as the COO of GDS. The company expresses confidence in her ability to lead GDS International to further success.
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GDS to Report Fourth Quarter and Full Year 2023 Financial Results Before the Open of the U.S. Market on March 26, 2024

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GDS Holdings Limited announces the release of its fourth quarter and full year 2023 unaudited financial results on March 26, 2024. The Company will host an earnings conference call on the same day to discuss the results.
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GDS Announces Changes to Board of Directors

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GDS Holdings Limited (GDS) announced the resignation of Mr. Lee Choong Kwong from the Board and the appointment of Mr. Liu Chee Ming as a director. Mr. Liu has extensive experience in the financial services sector across Asia Pacific. GDS expressed gratitude to Mr. Lee for his service and welcomed Mr. Liu to the Board.
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GDS Releases 2022 ESG Report

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GDS Holdings Limited (GDS) released its third annual ESG report, highlighting a 35.9% renewable energy usage in 2022, covering 30 data centers. The Company achieved a significant reduction in carbon intensity to 5.40 tCO2e/m2 and embraced the TCFD framework to address climate-related financial risks.
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GDS Holdings Limited Reports Third Quarter 2023 Results

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GDS Holdings Limited (GDS) announced unaudited financial results for Q3 2023. Net revenue increased by 6.4% Y-o-Y to RMB2,519.0 million. However, net loss was RMB420.8 million. Adjusted EBITDA increased by 5.6% Y-o-Y to RMB1,126.3 million. Total area committed and pre-committed by customers increased by 16,072 sqm. The commitment rate for area in service was 91.9%. Area utilized by customers increased by 15,878 sqm to reach 398,674 sqm. GDS confirmed its guidance of total revenues for 2023 of RMB9,940 – RMB10,320 million, Adjusted EBITDA of RMB4,430 – RMB4,600 million and capex of around RMB7,500 million.
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GDS to Report Third Quarter 2023 Financial Results Before the Open of the U.S. Market on November 22, 2023

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GDS Holdings Limited (GDS) (NASDAQ: GDS; HKEX: 9698) will report its third quarter 2023 unaudited financial results on November 22, 2023. The earnings conference call will be held at 8:00 AM U.S. Eastern Time on the same day. Participants can register online and access the conference call information. A live and archived webcast will also be available on the Company’s investor relations website.
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GDS Holdings Limited Reports Second Quarter 2023 Results

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GDS Holdings announces Q2 2023 financial results, with net revenue increasing by 7.0% Y-o-Y to RMB2,472.0 million and net loss of RMB225.3 million. Adjusted EBITDA increased by 16.3% Y-o-Y to RMB1,235.1 million. Total area committed and pre-committed increased by 8.4% Y-o-Y to 637,661 sqm. Area in service increased by 5.3% Y-o-Y to 531,216 sqm. Commitment rate for area in service was 92.4%
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FAQ

What is the current stock price of GDS Holdings ADS (GDS)?

The current stock price of GDS Holdings ADS (GDS) is $18.4 as of November 21, 2024.

What is the market cap of GDS Holdings ADS (GDS)?

The market cap of GDS Holdings ADS (GDS) is approximately 3.6B.

What does GDS Holdings Limited do?

GDS Holdings Limited provides high-performance data center infrastructure and services in key markets across China, serving top-tier internet companies, financial institutions, large enterprises, and multinational corporations.

When did GDS Holdings Limited start its operations?

GDS began as an IT service provider in 2001 and transitioned to the data center business in 2010 with the launch of its first self-developed data center.

What is GDS's CloudMix™ platform?

The CloudMix™ platform by GDS allows customers to efficiently access and manage multi-cloud services, offering an integrated and seamless cloud experience.

Where are GDS's data centers located?

GDS's data centers are primarily located in and around Tier 1 cities in China, with expansion initiatives underway into Southeast Asia.

When did GDS Holdings go public?

GDS listed on the Nasdaq in 2016 and completed a secondary listing in Hong Kong in 2020.

What are the recent financial highlights of GDS?

Recent financial highlights include Second Quarter, Third Quarter, and Fourth Quarter 2023 results, as well as First Quarter 2024 financial results.

Who are GDS's primary customers?

GDS primarily targets hyperscale cloud service customers who take large areas or entire data centers under long-term contracts.

How has GDS expanded its operations in recent years?

GDS has raised capital aggressively over the past four years to expand its operations, including initiating growth into Southeast Asia.

What is the size of GDS's current data center facilities?

GDS currently operates over 77,000 sqm of critical facilities area, with an additional 37,000 sqm under construction.

How can investors join GDS's conference calls?

Investors can join GDS's conference calls by completing online registration via the provided links before the scheduled start time. Registration details include dial-in numbers and a personal PIN.

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GDS Holdings Limited ADS

Nasdaq:GDS

GDS Rankings

#1532 Ranked by Market Cap
N/A Ranked by Dividends

GDS Stock Data

3.64B
187.48M
0.67%
46.35%
2.89%
Information Technology Services
Technology
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United States of America
Shanghai