China GDS Services Limited
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China GDS Services Limited - overview
Established
2001
Location
Beijing, Beijing, China
Primary Industry
Business Support Services
About
Founded in 2001 and based in Beijing, China, China GDS Services Limited operates as an internet data center services provider that offers IT (information technology) outsourcing such as disaster recovery, business continuity management, IT managed service, consulting, and training solutions. The company also established data centers in Shanghai, Beijing, Guangzhou, Shenzhen and other cities. The company obtained some awards, such as the China IDC Industry High Quality Development Award, the Global Outstanding Solution Award, the Data Center Excellence Contribution Award, the Internet Most Influential Enterprise Award, etc. The company is listed on NASDAQ for 2020.
In January 2023, China GDS Services Limited raised USD 580 million in PIPE funding from unspecified investors. The services provided by the company can be categorized into managed services, hosted managed services and managed cloud services. The core managed services include providing plant resources for critical equipment, power, racks and cooling equipment required by our customers. The services of hosted managed services are disaster recovery solutions, network management services, data storage services, system security services, etc.
The company has also launched the CloudMiX platform. The company generates revenue by providing data center colocation services, managed services, and cloud management services.
Current Investors
Hillhouse Investment, Singapore Technologies Telemedia, Sequoia
Primary Industry
Business Support Services
Sub Industries
Data Centers, Consulting Services, Offshore IT Services/IT Outsourcing
Website
www.gds-services.com
Verticals
Blockchain, Cloud Computing
Company Stage
Mature
Total Amount Raised
Subscriber access only
China GDS Services Limited - financials
| Fiscal Year Ended | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,055,960,000 | 1,616,166,000 | 2,792,077,000 | 4,122,405,000 | 5,738,972,000 | - | - | - |
| % Revenue Growth (YoY) | - | 53.1% | 72.8% | 47.6% | 39.2% | - | - | - |
| EBITDA (USD) | 190,898,000 | 508,459,000 | 971,235,000 | 1,721,192,000 | 2,472,114,000 | - | - | - |
| Operating Income (USD) | (42,374,000) | 82,229,000 | 168,355,000 | 479,780,000 | 672,941,000 | - | - | - |
| Operating Margin | (4.0%) | 5.1% | 6.0% | 11.6% | 11.7% | - | - | - |
| % EBITDA Margin | 18.1% | 31.5% | 34.8% | 41.8% | 43.1% | - | - | - |
| NET Income (USD) | (276,412,000) | (326,900,000) | (430,268,000) | (442,083,000) | (669,214,000) | - | - | - |
| % Net Margin | (26.2%) | (20.2%) | (15.4%) | (10.7%) | (11.7%) | - | - | - |
China GDS Services Limited - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Chief Executive Officer | BM |
BM Board Member
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