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…
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…
VNET mired in mess of red ink, chairman’s dubious stock maneuvers
The data center operator’s net loss widened in last year’s final quarter, while a maneuver by its chairman to retain control of the company may leave many investors uneasy Key…
GDS Shifts to Deal-Making High-Gear to Keep Funding Its Money-Losing Operations
The data center operator is reportedly in talks to sell a stake in its international business, just a month after raising $580 million from a bond sale Key Takeaways: GDS…
GDS Dials Up New Funds With Convertible Bond Issue
The data center operator will raise $580 million by issuing convertible notes, becoming the latest offshore-listed Chinese company to seize on positive market sentimentKey Takeaways:GDS will raise $580 million by…
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