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GDS Holdings Ltd Class A (SEHK:9698) Share Price

9698

GDS Holdings Ltd Class A

APAC company

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Technology

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Information Technology Services

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Company Profile

GDS Holdings started as an IT service provider in 2001 then moved to the data center business with its first self-developed data center opening in 2010. The company now develops and operates data centers in China and also builds, operates and transfers data centers for other clients. It offers colocation and managed services and mainly targets hyperscale cloud service customers who take large areas of its data centers or even whole data centers under long-term contracts. It has aggressively raised capital over the past four years for expansion. Its data centers are located predominantly in and around the Tier 1 cities in China and it has also started an expansion plan into Southeast Asia. GDS listed on the NASDAQ in 2016 and completed a secondary listing in Hong Kong in 2020.GDS Holdings Ltd is a developer and operator of data centers in PRC. The Company offers colocation and managed services, including managed cloud services to internet companies, financial institutions, telecommunications and IT service providers.

SEHK:9698

KYG3902L1095

HKD

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