SUNeVision profit rises, but near-term pressures worry investors
The Hong Kong data center operator’s revenue rose 10% in its fiscal year through June, fueled by demand from AI applications and cross-border data traffic Key Takeaways: SUNeVision’s revenue rose…
BRIEF: GDS completes IPO for its data center property REIT
Data center operator GDS Holdings Ltd. (GDS.US; 9698.HK) said on Wednesday it has completed the spin off and separate listing in Shanghai of a real estate investment trust (REIT) containing…
BRIEF: GDS to separately list data center real estate assets as a REIT
Data center operator GDS Holdings Inc. (GDS.US; 9698.HK) said on Thursday that it plans to spin off and separately list its real estate assets as a real estate investment trust…
BRIEF: GDS revenue rises, spins off international unit
Data center operator GDS Holdings Ltd. (GDS.US: 9698.HK) said on Wednesday its revenue rose 9.1% year-on-year in the fourth quarter to 2.69 billion yuan ($372 million), while its net loss…
GDS moves closer to breakup with REIT spinoff plan
The company could break itself into three pieces next year, one a China-based REIT, one for its China-based data center business, and one for its global data center business Key…
GDS preparing to spin off its global business?
The data center operator is reportedly in talks to sell a stake in its fast-expanding global operation to several major investors, including Hillhouse and Boyu Capital Key Takeaways: GDS is…
GDS under pressure to step up overseas expansion as China market cools
The data center operator’s revenue growth slowed in the third quarter, as it officially launched its first offshore data center in Malaysia Key Takeaways: GDS’ revenue grew 6.4% in the…