GDS Said to Be Considering $500 Million US IPO of Ex-China Unit GDSI in 2025
- Data center operator may list DayOne as soon as this year
- DayOne has operations across Hong Kong and Southeast Asia
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GDS Holdings Ltd. is considering a US initial public offering of its international arm that could raise about $500 million, according to people familiar with the matter.
The Chinese data center operator may try to list DayOne, which runs its facilities in Hong Kong and Southeast Asia, as soon as this year, the people said. DayOne, which was formerly known as GDS International, is in talks with banks about working on the IPO, they added, asking not to be identified discussing a private matter.