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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 (NASDAQ: GDS) reported its fourth quarter and full year 2021 financial results, revealing a 34.1% year-over-year increase in net revenue to RMB2,187.4 million (US$343.2 million) for Q4. The full year net revenue rose by 36.2% to RMB7,818.7 million (US$1,226.9 million). Despite these gains, the company recorded a net loss of RMB312.9 million (US$49.1 million) in Q4 2021, compared to a loss of RMB271.5 million in the same period the previous year. Adjusted EBITDA for Q4 2021 was RMB1,027.4 million (US$161.2 million), with a margin of 47.0%. GDS anticipates continued growth, projecting revenue between RMB9,320 million to RMB9,680 million for 2022.
GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698), a leading data center developer in China, will report its fourth quarter and full year 2021 unaudited financial results on March 22, 2022, after the Hong Kong market closes. An earnings conference call will occur at 8:00 AM U.S. Eastern Time on the same day. The Company operates high-performance data centers across China's primary economic hubs, providing co-location and managed services to major cloud and internet companies. Details for dial-in and replay access to the conference call are provided in the release.
GDS Holdings Limited (NASDAQ: GDS) has announced the sale of $620 million in 0.25% convertible senior notes due 2029 to several investors, including Sequoia China Infrastructure Fund I. The notes are set to mature around March 8, 2022, with a conversion price of $50 per American Depositary Share, representing a 20% premium over recent trading prices. Proceeds will be used for developing new data centers and general corporate purposes. The transaction is expected to close following customary approvals.
GDS Holdings Limited reported a robust third quarter for 2021, with net revenue rising by 35.2% year-over-year to RMB2,061.4 million (US$319.9 million). Service revenue also increased by 35.4% year-over-year, but the company faced a net loss of RMB301.1 million (US$46.7 million), compared to RMB204.6 million in Q3 2020. Adjusted EBITDA grew by 34.2% to RMB962.2 million (US$149.3 million) with an adjusted EBITDA margin of 46.7%. The company experienced an increase in committed data center space by 32.1% year-over-year to 531,760 sqm.
GDS Holdings has announced a definitive agreement to acquire greenfield land in Nongsa Digital Park, Batam, Indonesia, for the construction of two new data center buildings, totaling approximately 10,000 sqm and 28 MW capacity. The Indonesian Government recognizes the park as a Special Economic Zone, which supports GDS’s regional strategy amidst growing demand from Chinese cloud customers. Collaborations with local authorities ensure a supply of renewable energy, positioning Indonesia as a digital hub in Southeast Asia. This move enhances GDS’s presence in the region, complementing its existing operations in Malaysia.
GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) will announce its third quarter 2021 unaudited financial results on November 16, 2021. The results will be reported after the close of the Hong Kong market and before the U.S. market opens. Following the announcement, the management will host an earnings conference call at 8:00 AM U.S. Eastern Standard Time. Participants should dial in 15 minutes early and provide the Conference ID 4695856. A replay will be available until November 24, 2021. GDS operates high-performance data centers in China, catering to major cloud service providers and enterprises.
GDS Holdings Limited (NASDAQ: GDS) reported Q2 2021 revenues of RMB1,863.9 million (US$288.7 million), a 38.9% increase YoY. Service revenue rose by 39.6% YoY, with a net loss of RMB298.5 million (US$46.2 million). Adjusted EBITDA grew by 41.4% YoY to RMB895.9 million (US$138.8 million), with a margin of 48.1%. Total area committed increased to 470,125 sqm, reflecting a 41.0% YoY rise. The company completed acquisitions to expand its data center capacity and confirmed 2021 revenue guidance of RMB7,700 - RMB8,000 million.
GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698), a top-tier data center operator in China, is set to release its second quarter 2021 unaudited financial results on August 17, 2021, following the Hong Kong market closure and before the U.S. market opens. The management will conduct an earnings conference call at 8:00 AM EDT on the same day. The conference will be accessible via various dial-in numbers and a live webcast on the company's investor relations website.
GDS Holdings Limited, a leading developer of data centers in China, announced plans to expand into South East Asia by developing a hyperscale data center campus in Johor, Malaysia. The acquisition of greenfield land in Nusajaya Tech Park will support a total capacity of 54 MW, with the first phase set to be completed by early 2024, providing 18 MW of IT power. This strategic location aims to cater to the rising demand from Chinese customers looking to grow in Malaysia and Singapore.
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