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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.
GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698), a top developer of high-performance data centers in China and Southeast Asia, filed its annual report on Form 20-F for the fiscal year ending December 31, 2022, with the SEC on April 4, 2023. The report is accessible on the company’s investor relations site and the SEC's website. GDS provides free hard copies of the report upon request. The company operates data centers strategically located in economic hubs, catering to hyperscale cloud service providers, large internet firms, and other corporate clients, while offering co-location and managed cloud services.
GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698), a top data center operator in China, reported its 2022 financial results, highlighting a 19.3% year-over-year increase in net revenue to RMB9,325.6 million (US$1,352.1 million). The fourth quarter saw a 9.9% revenue growth to RMB2,404.0 million (US$348.6 million) with a net loss of RMB177.9 million (US$25.8 million), improved from RMB312.9 million in 4Q2021. Adjusted EBITDA rose by 14.8% for the year, totaling RMB4,251.4 million (US$616.4 million). Total area in service reached 515,787 sqm, while the commitment rate improved to 95.5%. GDS anticipates 2023 revenues between RMB9,940 million and RMB10,320 million.
GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) announced that it will release its fourth quarter and full year 2022 unaudited financial results on March 15, 2023. The announcement comes after the Hong Kong market closes and before the U.S. market opens. A conference call for investors will be held on the same day at 8:00 AM U.S. Eastern Time. This call will discuss the earnings with access information provided upon registration. GDS is a prominent developer and operator of high-performance data centers in China, catering to major cloud service providers and large corporations.
GDS Holdings Limited has announced an agreement to sell $580 million in 4.50% convertible senior notes due 2030 to various institutional investors, including a sovereign wealth fund. The notes have an initial conversion price of $24.50 per American Depositary Share (ADS), representing a 16.7% premium. Proceeds will be used for data center development, acquisitions, and working capital. The transaction is expected to close around January 20, 2023. The notes and underlying securities have not been registered under the Securities Act of 1933.
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