Welcome to our dedicated page for Gds Holdings news (Ticker: GDS), a resource for investors and traders seeking the latest updates and insights on Gds Holdings stock.
News and announcements about GDS Holdings Limited (GDS) focus on its role as a developer and operator of high-performance data centers in China and its activities in capital markets and strategic investments. Company press releases highlight operational performance, customer demand for its carrier- and cloud-neutral facilities, and developments in its broader data center ecosystem.
Investors following GDS news can expect regular updates on quarterly financial results, including net revenue, net income or loss, Adjusted EBITDA, Adjusted Gross Profit, and key operating metrics such as area in service, area under construction, and utilization rates. These releases often explain how continued ramp-up of data centers and changes in commitment and utilization rates affect the company’s financial performance.
GDS news also covers financing and capital structure developments. Recent announcements describe the launch, pricing, completion, and trading of its China REIT (C-REIT) on the Shanghai Stock Exchange, including details of the IPO, investor demand, and the sale of a project company holding stabilized data center assets to the C-REIT. Additional news items discuss new debt facilities, convertible senior notes, equity issuances, and liquidity positions.
Another recurring theme in GDS news is its minority investment in DayOne Data Centers Limited, a Singapore-headquartered hyperscale data center platform. Releases have addressed DayOne’s financing rounds and a share repurchase transaction through which DayOne agreed to repurchase ordinary shares from GDS, along with GDS’s intention to reallocate proceeds into its core business in China.
Corporate governance and disclosure events, such as notices of earnings calls, dates of board meetings, and results of annual general meetings, are also reported. For ongoing insight into GDS’s operations, financing activities, and strategic initiatives around data center assets and related platforms, readers can review the chronological news feed on this page.
GDS Holdings Limited (NASDAQ: GDS) reported Q2 2021 revenues of RMB1,863.9 million (US$288.7 million), a 38.9% increase YoY. Service revenue rose by 39.6% YoY, with a net loss of RMB298.5 million (US$46.2 million). Adjusted EBITDA grew by 41.4% YoY to RMB895.9 million (US$138.8 million), with a margin of 48.1%. Total area committed increased to 470,125 sqm, reflecting a 41.0% YoY rise. The company completed acquisitions to expand its data center capacity and confirmed 2021 revenue guidance of RMB7,700 - RMB8,000 million.
GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698), a top-tier data center operator in China, is set to release its second quarter 2021 unaudited financial results on August 17, 2021, following the Hong Kong market closure and before the U.S. market opens. The management will conduct an earnings conference call at 8:00 AM EDT on the same day. The conference will be accessible via various dial-in numbers and a live webcast on the company's investor relations website.
GDS Holdings Limited, a leading developer of data centers in China, announced plans to expand into South East Asia by developing a hyperscale data center campus in Johor, Malaysia. The acquisition of greenfield land in Nusajaya Tech Park will support a total capacity of 54 MW, with the first phase set to be completed by early 2024, providing 18 MW of IT power. This strategic location aims to cater to the rising demand from Chinese customers looking to grow in Malaysia and Singapore.
GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) held its Annual General Meeting on June 29, 2021, where all proposed resolutions were approved. Key approvals included the re-election of directors Mr. Lim Ah Doo, Mr. Chang Sun, and Ms. Judy Qing Ye, alongside the appointment of KPMG Huazhen LLP as the independent auditor for fiscal 2021. Shareholders authorized the Board to allot shares up to 20% of the existing share capital within the next 12 months. Additionally, a special resolution adopted new Articles of Association reflecting these changes.
GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) announced its 2021 Annual General Meeting (AGM) to be held on June 29, 2021, at 4:00 p.m. China Standard Time in Shanghai. Shareholders, including holders of ordinary shares and Series A convertible preferred shares, are entitled to vote, with notice sent to those registered by June 4, 2021. Beneficial owners of American Depositary Shares must instruct JPMorgan Chase Bank on voting. Relevant documents, including the AGM notice and annual report, are available on the company's investor relations website and SEC's site.
GDS Holdings reported a strong Q1 2021, with net revenue increasing by 37.5% year-over-year to RMB1,706 million (US$260.4 million). Service revenue also rose by 38.3% to RMB1,704.5 million (US$260.2 million). Despite a net loss of RMB278.7 million (US$42.5 million), adjusted EBITDA surged 43.0% to RMB817.9 million (US$124.8 million), with an adjusted EBITDA margin of 47.9%. As of March 31, 2021, total area committed reached 425,277 sqm, up 48.2% Y-o-Y.
GDS Holdings Limited (NASDAQ: GDS) will report its first quarter 2021 unaudited financial results on May 19, 2021, after U.S. market close, and before Hong Kong market opening on May 20, 2021. An earnings conference call is scheduled for May 19 at 8:00 PM U.S. Eastern Time, with dial-in details provided for participants. The company specializes in high-performance data centers in China and serves a variety of sectors, including cloud service providers and large corporations. Live and archived webcasts will be available on the company's investor relations website.
GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) announced the filing of its annual report on Form 20-F for the fiscal year ending December 31, 2020, with the SEC on April 12, 2021. The report is accessible on both the company's investor relations site and the SEC's platform. GDS is a top developer and operator of high-performance data centers in China, catering to major customers like hyperscale cloud service providers and large corporations. The company emphasizes its strategic locations and advanced service offerings, including colocation and managed services.
GDS Holdings Limited (NASDAQ: GDS) reported strong financial results for Q4 and FY 2020, with net revenue rising 38.4% YoY to RMB1,631.6 million (US$250.1 million) in Q4 and 39.2% YoY to RMB5,739.0 million (US$879.5 million) for the full year. Adjusted EBITDA also grew significantly, up 43.4% YoY to RMB758.0 million (US$116.2 million) in Q4. However, net losses increased to RMB271.5 million (US$41.6 million) in Q4 and RMB669.2 million (US$102.6 million) for the year. The commitment rate for service area rose to 94.3%. GDS is poised for growth with ongoing expansions and a strong cash position of RMB16.3 billion (US$2.5 billion).
GDS Holdings Limited (NASDAQ: GDS) announces it will release its fourth quarter and full year 2020 unaudited financial results on March 10, 2021, after U.S. market close. An earnings conference call will follow at 7:00 PM U.S. Eastern Time on the same day. Investors can access the call via a designated phone number, with replay availability until March 18, 2021. GDS is a leading data center operator in China, focusing on high-performance facilities in major economic hubs, serving a broad clientele including cloud service providers and large corporations.