GDS

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GDS Holdings (NASDAQ: GDS; HKEX: 9698) is a Shanghai-based developer and operator of large-scale, carrier-neutral colocation data centers, selling rack, cage, and wholesale suite space to China’s biggest cloud platforms, financial institutions, and enterprises rather than selling cloud services itself. As of 2025, the company reported roughly 487,883 sqm (5.25 million sq ft) of colocation space in operation across dozens of self-built and acquired campuses concentrated in China’s Tier 1 hubs — Shanghai, Beijing, Shenzhen, Guangzhou, Chengdu, Chongqing, and the surrounding satellite cities of Kunshan, Langfang, Tianjin, Changshu, and Zhangbei. GDS built its business on multi-building campuses (its flagship Waigaoqiao Free Trade Zone cluster in Shanghai alone hosts several SH-numbered buildings and over 100 blue-chip financial-services tenants) and has increasingly anchored new capacity to hyperscale cloud customers. In 2022 it spun up an international unit, then called GDS International, to expand into Hong Kong, Singapore, Malaysia (Johor), Indonesia (Batam), and Japan; that unit was rebranded DayOne and launched as an independently operating company in January 2026 following a Series B raise, so its facilities are treated separately from GDS’s own mainland China portfolio here.

1Country
9Cities
24Facilities
1AI Data Center

GDS has a confirmed data center presence at the following locations:

FACILITY OPERATOR

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Phone: +86 21 2033 0303

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GDS Data Center Locations

By Continent

GDS AI Data Centers

GDS's clearest documented AI/efficiency-technology facility is its Pujiang Data Center in Shanghai's Minhang district, a nearly 90,000 sqm campus that entered service in late 2021 and has been named a National Green Data Center for three consecutive years. The facility uses a purpose-built plate liquid cooling system co-developed with Shanghai Jiao Tong University and applies AI-driven tools to improve operational efficiency, though the disclosed use is centered on efficiency and green-operations rather than a dedicated GPU-training buildout.

Common Questions

What kind of company is GDS Holdings?

GDS is a carrier-neutral colocation data center operator — it develops, builds, and operates data centers and sells rack, cage, and wholesale space to cloud providers, enterprises, and financial institutions, rather than selling its own cloud computing services.

In which Chinese cities does GDS operate data centers?

GDS's core mainland China footprint is concentrated around Shanghai, Beijing, Shenzhen, Guangzhou, Chengdu, Chongqing, and satellite locations including Kunshan, Langfang, Tianjin, Changshu, and Zhangbei in Hebei province.

Does GDS have AI-specific, GPU-optimized data centers?

GDS's Pujiang Data Center in Shanghai's Minhang district has been recognized as a National Green Data Center and uses an innovatively designed liquid cooling system developed with Shanghai Jiao Tong University alongside AI-driven operational efficiency tools, though this is a green-efficiency application rather than a dedicated AI-training buildout.

Is GDS's international business still part of GDS Holdings?

GDS's overseas unit, originally GDS International, was rebranded DayOne and launched as an independent company as of January 2026 following a Series B equity raise, so its Hong Kong, Singapore, Malaysia, Indonesia, and Japan facilities now operate under DayOne rather than directly under GDS Holdings.

Does GDS offer colocation services?

Yes — we've identified 24 facilities where GDS may offer colocation services. Please contact GDS directly to confirm current availability and terms.

Does GDS offer cloud services?

We haven't confirmed cloud services for GDS yet — this isn't a definitive no, since our research can miss things. Please contact GDS directly to confirm cloud availability.

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