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…
VNET gets vote of confidence amid deepening AI focus
HSBC upgraded its rating on the data center operator to ‘buy,’ citing its focus on building up its artificial intelligence capabilities Key Takeaways: HSBC upgraded its rating on VNET to…
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…
FAST NEWS: Chindata gets second buyout offer from China Merchants
The Latest: An investment arm of China Merchants Group said on Monday it made a non-binding offer to buy out data center operator Chindata Group Holdings Ltd. (CD.US) for $9.60…
Hot but undervalued Chindata attracts owner-led buyout bid
The data center operator has received a preliminary privatization offer from controlling shareholder Bain Capital, but uncertainties remain Key Takeaways: Bain has offered to pay $8 per ADS for the…
Chindata set to ride AI-powered explosion in demand for data storage, processing
The data center operator has forecast 30% revenue growth this year, but says there’s potential for upside as its customers roll out new data-hungry AI applications Key Takeaways: • Chindata…
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GDS moves closer to breakup with REIT spinoff plan
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GDS preparing to spin off its global business?
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VNET gets vote of confidence amid deepening AI focus
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