--- title: "BRIEF: GDS revenue rises, spins off international unit" type: "News" locale: "en" url: "https://longbridge.com/en/news/232523669.md" description: "GDS Holdings Ltd. reported a 9.1% year-on-year revenue increase in Q4, reaching 2.69 billion yuan ($372 million), with a reduced net loss of 173 million yuan. The company completed fundraising for its international unit, now named DayOne Data Centers Ltd., reducing its stake from 52.7% to 35.6%. Following this, GDS will exclude DayOne's results from its financial reports. GDS shares fell 14% to $30.61 after the announcement, despite a 52-week stock increase driven by AI demand." datetime: "2025-03-20T06:14:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/232523669.md) - [en](https://longbridge.com/en/news/232523669.md) - [zh-HK](https://longbridge.com/zh-HK/news/232523669.md) --- # BRIEF: GDS revenue rises, spins off international unit Data center operator **GDS Holdings Ltd.** (GDS.US: 9698.HK) **said** on Wednesday its revenue rose 9.1% year-on-year in the fourth quarter to 2.69 billion yuan ($372 million), while its net loss from continuing operations narrowed to 173 million yuan from 3.07 billion yuan. The company also announced the completion of a new fundraising for its international unit, formerly known as GDS International, whose new name is DayOne Data Centers Ltd. Following the fundraising, GDS’ stake in DayOne Data Centers dropped to a minority 35.6% from a previous 52.7%. Following that stake reduction, GDS said it will no longer include DayOne Data Center’s results in its own financial reports. GDS’ U.S.-listed shares fell 14% to close at $30.61 on Wednesday after the results were announced. The stock has nearly quadrupled over the last 52 weeks on investor enthusiasm towards data center operators due to growing demand from AI applications. _By Doug Young_ _, click_ _here_ ### Related Stocks - [09698.HK](https://longbridge.com/en/quote/09698.HK.md) - [GDS.US](https://longbridge.com/en/quote/GDS.US.md) ## Related News & Research - [Huatai Securities Sticks to Their Buy Rating for GDS Holdings Ltd. (G401)](https://longbridge.com/en/news/279894830.md) - [Japanese group home operator Amatuhi Holdings increases proposed IPO range to $7 to $9](https://longbridge.com/en/news/283148061.md) - [Basic-Fit says data breach exposes details of 200,000 members in Netherlands](https://longbridge.com/en/news/282498608.md) - [Bullet train upgrade brings 5G windows and noise-cancelling cabins to Japan](https://longbridge.com/en/news/282938767.md) - [Freestone Capital Holdings LLC Has $14.19 Million Holdings in Union Pacific Corporation $UNP](https://longbridge.com/en/news/282660393.md)