NEWS WRAP: VNET records first annual profit in three years
The data center operator secured several significant customer orders amid strong AI-driven demand Teri Yu Chinese data center operator VNET Group Inc. (VNET.US) on Wednesday reported its revenue rose by…
FAST NEWS: GDS narrows losses, but gross margin keeps shrinking
The latest: Independent data center operator GDS Holdings Ltd. (GDS.US; 9698.HK) reported on Wednesday its revenue rose 9.9% to 2.4 billion yuan ($348 million) in last year’s fourth quarter. Its…
FAST NEWS: High Power Costs Undercut GDS Holdings’ Profitability
The latest: Independent data center operator GDS Holdings Ltd. (GDS.US; 9698.HK) announced on Tuesday its revenue rose 24% to 2.31 billion yuan ($345 million) in the second quarter of the year, as…
FAST NEWS: Chindata Reports 58.5% Revenue Growth in Q3, Reaffirms Full-Year Guidance
The latest: Data center operator Chindata Group Holdings Ltd. (CD.US) said its revenue rose 58.5% in the third quarter to 740.8 million yuan ($116 million), according to its latest quarterly…
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