
GDS Holdings announced today that its international business has received another $1 billion in equity financing, led by Coatue Management and The Baupost Group. Earlier this year, the company's international business completed a $0.672 billion Series A equity financing. The two rounds of financing total $1.672 billion, which will help accelerate the company's strategic layout in overseas emerging markets.
GDS Holdings Chairman and CEO, Huang Wei
Stating: "We are delighted that our international business has once again successfully received financing from top global investment institutions. Over the past few years, GDS Holdings has strategically positioned itself in the SIJORI (Singapore-Johor-Indonesia Riau Islands) and surrounding areas, effectively meeting the growing demand for hyperscale data centers in these emerging regions by leading global companies, thereby establishing a leading position in the Asia-Pacific market.
This round of financing will further consolidate the company's market position in the Asia-Pacific region and accelerate the company's development in the Asia-Pacific and several other emerging markets. We believe that in the future, it will create greater value for GDS Holdings' shareholders.
for GDS Holdings' shareholders to create greater value.
”

Coatue Management founder Philippe Laffont and partner Robert Yin
It is stated: "The datacenter is a key infrastructure supporting the future development of AI and cloud computing. As GDS International's business is rapidly expanding, it has become one of the most competitive datacenter platform operators in the Asia-Pacific market. We look forward to working together to build a world-class next-generation digital infrastructure to meet the wide-ranging demands of future large-scale and AI intelligent computing power."
The Baupost Group partner Richard Carona mentioned: "We are very bullish on the international business expansion of GDS Holdings and are pleased to support their development through Series B financing."
"We are very bullish on the international business expansion of GDS Holdings and are pleased to support their development through Series B financing," said Richard Carona, partner at The Baupost Group.
The rapid iteration and extensive application of AI globally have brought another historic opportunity to the datacenter industry. This successful financing will provide solid financial support for GDS Holdings to continuously expand its strategic layout in the Asia-Pacific region and more emerging digital economic hubs.

About GDS Holdings Limited
GDS Holdings Limited (NASDAQ: GDS; Hong Kong Stock Exchange: 9698) is a leading developer and operator of high-performance data centers in China and Southeast Asia. The company's facilities are strategically located in major economic centers where there is a significant demand for high-performance data center services. GDS also builds, operates, and transfers data centers in other locations chosen by its customers to meet their broader requirements. The company's data centers have large net room area, high power capacity, density, efficiency, and multiple redundancies in critical systems. GDS is neutral to operators and cloud service providers, enabling GDS' customers to access major telecommunications networks and use China's and the world's largest public cloud services hosted in the many facilities of GDS. The company offers colocation and a range of value-added services, including colocation hybrid cloud services with direct private links to leading public clouds, managed network services, and resale of public cloud services when needed. GDS has a track record of 23 years in service delivery, successfully meeting the outsourcing requirements of some of China's largest and most demanding customers for data center services. The company's customer base mainly includes large cloud service providers, major internet companies, financial institutions, telecommunications operators, IT service providers, as well as large private and multinational companies in China.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made based on the 'Safe Harbor' provisions of the Private Securities Litigation Reform Act of 1995 in the United States. These forward-looking statements are identified by words such as 'intend,' 'expect,' 'believe,' 'continue,' 'estimate,' 'anticipate,' 'future,' 'guidance,' 'plan,' 'project,' 'likely,' 'may,' 'will,' and similar expressions. In addition to historical facts, the statements in this announcement, including beliefs and expectations of GDS Holdings regarding its business growth and revenue for the entire fiscal year, business prospects, and management's quotes, as well as GDS Holdings' strategies and operational plans, are forward-looking statements or contain them. GDS Holdings may also make written or oral forward-looking statements in its periodic reports on Form 20-F and 6-K filed with the United States Securities and Exchange Commission (SEC), in its existing reports to shareholders, interim reports and annual reports, announcements published on the Hong Kong Stock Exchange website, letters or other publications, press releases and other written materials, as well as in written or oral forward-looking statements made by its senior officers, directors, or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause the actual performance or financial results of GDS Holdings to differ significantly from any forward-looking statements, including but not limited to: GDS Holdings' objectives and strategy; GDS Holdings' future business development, financial condition, and operating performance; expected growth in the market for high-performance data centers, data center solutions, and related services in China and Southeast Asia; expectations of GDS Holdings for demand and market acceptance of its high-performance data centers, data center solutions, and related services; expectations of GDS Holdings to establish, enhance, and maintain relationships with new and existing customers; continued adoption of cloud computing and cloud service providers in China and Southeast Asia; risks and uncertainties related to investments in GDS Holdings' business and new data center plans; risks and uncertainties related to strategic acquisitions and investments; GDS Holdings' ability to maintain or increase its revenue or business; fluctuations in GDS Holdings' operating performance; changes in the legal, regulatory, and supervisory environment affecting GDS Holdings' business operations; industry competition faced by GDS Holdings in China and Southeast Asia; security vulnerabilities; power outages; fluctuations in the overall economic and business conditions of China, Southeast Asia, and globally; and assumptions related to any of the above factors. Further information on such and other risks, uncertainties, or factors is included in documents submitted by GDS Holdings to the SEC, including annual reports on Form 20-F and documents submitted to the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release and is based on assumptions that GDS Holdings believes are reasonable as of that date. Except as required by applicable law, GDS Holdings has no obligation to update any forward-looking statements.
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
Comments
to post a comment
1
3
