GDS Holdings (GDS) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
GDS Holdings’ international affiliate, DigitalLand Holdings, has secured a $1 billion equity investment led by prominent U.S. investors, including Coatue Management and The Baupost Group. This funding will support the expansion of its data center capacity across Asia, with plans to develop up to 1 GW. The investment highlights GDS’s strategic growth in the high-demand market for AI and cloud infrastructure.
For further insights into GDS stock, check out TipRanks’ Stock Analysis page.