Chinese data center firm GDS has rebranded its international unit to DayOne.
Singapore-based GDS International has changed its name and officially launched as an independent company as of January 1, following the recent completion of a series B funding round.
Established in 2022, what was then GDS International was founded to hold GDS Holding’s data center assets and operations outside of mainland China. Its portfolio currently comprises approximately 480MW of data center capacity in service and under construction and an additional 590MW held for future development across sites in Hong Kong, Singapore, Malaysia (Johor), Indonesia (Batam), and Japan (Tokyo).
Over the past year, DayOne secured approximately $1.9 billion through its Series A and Series B equity rounds via investors including SoftBank Vision Fund, Kenneth Griffin, CEO of Citadel, Coatue Management, and Baupost Group.
The company has previously said the funding will enable the development of up to 1GW of data center capacity.
Jamie Khoo, CEO of the new business, said: "DayOne represents more than a new name—it's a commitment to leading with purpose, agility, and innovation. Our focus is on delivering cutting-edge digital infrastructure that propels industries and communities forward. This new chapter empowers us to create lasting impacts on economies and build a future-ready digital ecosystem."
GDS was founded in 2006 and operates dozens of data centers across Greater China, including in Suzhou Kunshan, Chengdu, Shanghai, Shenzhen, and Beijing. STT GDC and Hillhouse are existing investors in GDS.
Reports that GDS sought $1 billion in investment in its international data center unit surfaced in August 2024. In March of last year, the company raised $587 million for its international data center unit. This was announced just days after it confirmed that it was looking to sell a stake in the unit.
