Trending

China

The Tech Capital China’s GDS confirms talks on PE-investment sale

Chinese data centre operator GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) has confirmed that it is in talks with several private equity investors regarding a potential sale of its international business. This move comes as part of GDS's strategic review of the capital needs for its internation...

The Tech Capital China’s VNET Group appoints PE investor mastermind to its board

Chinese data centre operator VNET Group, Inc. (Nasdaq: VNET) has appointed Jianbiao Zhu as an executive director of the company to serve as the co-chairman of the Board alongside Josh Sheng Chen, effective January 10, 2024. Zhu has experience in private equity and secondary market investments as well as financial management. He currently serves as an executive director, ...

January 10

The Tech Capital Chindata’s board green lights Nasdaq delisting amidst imminent M&A

Chinese data centre operator Chindata Group Holdings Limited (Nasdaq: CD) has announced that at an extraordinary general meeting of shareholders (the “EGM”), the company’s shareholders voted in favor of, among other things, the proposal to authorize and approve the execution, delivery and performance of the previously announced agreement and plan of merger, dated as of A...

December 06

The Tech Capital GDS Holdings reports third quarter revenue of $345 million, up on Q3 2022

Chinese data centre operator GDS Holdings has reported a net revenue for the third quarter of 2023 increase of 6.4% on an year-over-year (Y-o-Y) basis to RMB2,519.0 million (US$345.3 million). This figure marks a slight increase from Q3 2022, where the net revenue stood at RMB2,367.6 million. Similarly, the service revenue also saw a 6.4% Y-o-Y increase, reaching RMB2,51...

November 28

Daily

Daily Brief

A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers

More On China

Loading content...

Sorry, no articles found

Daily

Daily Brief

A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers

Sign Up