DayOne Closes $4.5B Series C as GDS’ Overseas Spin-Off Eyes $20B IPO

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DayOne Data Centers closed a $4.5 billion Series C funding round, more than doubling its prior fundraising. This move aligns with the plans for the overseas spin-off of China’s GDS Holdings, targeting a $20 billion US IPO.

DayOne Data Centers has closed its Series C equity round at $4.5 billion, more than doubling the size of the fundraising since its initial close in January, as the overseas spin-off of China’s GDS Holdings moves toward a US initial... Read More>> The post DayOne Closes $4.5B Series C as GDS’ Overseas Spin-Off Eyes $20B IPO appeared first on Mingtiandi.