About GDS Services
GDS Services is a publicly listed company based in Chaoyang (China) founded in 2001 by William Wei Huang. Data services and value-added solutions are provided for demanding customers. GDS Services has raised $20 million across 7 funding rounds from investors including ST Telemedia Global Data Centres, Ping An and Coatue. The company has 2,280 employees. Its chief executive, as recorded, is William Wei Huang. Its website gds-services.com draws about 52 thousand monthly visits. Its focus areas include Business Services, IT Services and Suite.
Company details
GDS Services Ltd was founded in 2001 and is headquartered in Chaoyang, China. Operations focus on the data services sector, where colocation, managed hosting, and managed cloud services are offered. These services target demanding data customers within the Chinese market, supporting infrastructure needs for high-reliability applications. The company maintains a domain at gds-services.com, with William Wei Huang serving as founder and CEO.
- Headquarters Chaoyang, China
- Employees 2,280
- Founders William Wei Huang
- Stage Public
- SectorsTechnology
- Website category Finance · Investing
- Email••••••••
- Phone•••• ••••
- Website gds-services.com/zh_cn
- Social LinkedIn X
- Legal Name Gds Holdings Ltd.
- Annual Revenue$1.44 B (USD)3.53as on Dec 31, 2024
- Net Profit-$146.78 M (USD)75.98as on Dec 31, 2024
- EBITDA$675.98 M (USD)1.61as on Dec 31, 2024
- Total Equity Funding$20M (USD)
in 7 rounds
- Latest Funding Round$500M (USD), Post-IPO
May 2025
- InvestorsST Telemedia Global Data Centres
& 9 more
- Employee Count2,280
Funding Insights of GDS Services
GDS Services has successfully raised a total of $20M across 7 strategic funding rounds. The most recent funding activity was a Post-IPO round of $500 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $20M
- Total Rounds 7
- Last Round Post-IPO — $500M
- First Round $20M
(Sep 2009)
- Investors Count 10
All 7 funding rounds of GDS Services with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2025 | $500M | Post-IPO | – | – | – |
| Oct 2024 | $1B | Post-IPO | – | Coatue | |
| Mar 2024 | $672M | Post-IPO | – | – | |
| Jun 2020 | $505M | Post-IPO | – | – | |
| Mar 2019 | $150M | Post-IPO | – | – | |
| Jul 2018 | $300M | Post-IPO | – | – | – |
| Sep 2009 | $20M | Series A | – | – |
10 investors in total: 10 institutional.
Investors in GDS Services
GDS Services has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include ST Telemedia Global Data Centres, Ping An and Coatue.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of an investment platform for various stages | coatue.com | New York, United States | ||
Global private equity investments are managed with long-term focus. | hillhouseinvestment.com | New York, United States | ||
Tech companies are funded through venture capital by Princeville Capital. | princeville-capital.com | San Francisco, United States | ||
Venture capital firm investing in tech sectors | teknecap.com | New York, United States | ||
Boyu Capital is recognized as a leading alternative asset management firm. | boyucapital.com | Hong Kong, China | ||
Conducts long-term value-oriented investments for families, foundations, and institutions. | 1982 | baupost.com | Boston, United States | |
Invests in real assets in Asia's logistics, digital assets, and life sciences sectors. | 2020 | ravapartners.com | Singapore, Singapore | |
Colocation solutions and support services are provided across multiple regions. | 2014 | sttelemediagdc.com | Singapore, Singapore | |
Life and non-life insurance, banking, and financial services are provided. | 1987 | pingan.com | Shenzhen, China | |
PE and VC fund focused on fintech, Adtech, gaming, eCommerce, and multiple sectors | softbank.com | Newton, United States |
Investor details for GDS Services
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People of GDS Services
31 people are tracked at GDS Services (7 in leadership, 11 in board & advisors, 13 in team); the tracked headcount is 2,280.
| Name | Role | Group |
|---|---|---|
William Wei Huang | Founder & CEO | Leadership |
Jamie Khoo | GDS International CEO | Leadership |
Daniel Newman | CFO | Leadership |
Edmund Jin | Investment Director | Leadership |
Eddie Lee | Senior VP IT | Leadership |
Kevin Yao | VP | Leadership |
Yingshan Shi | Director, International Marketing & Communications | Leadership |
Sio Tat Hiang | Vice-Chairman | Board & advisors |
Satoshi Okada | Director | Board & advisors |
Bin Yu | Independent Director | Board & advisors |
Zulkifli Baharudin | Independent Director | Board & advisors |
Bruno Lopez | Director | Board & advisors |
Jonathan King | Director | Board & advisors |
Chang Sun | Independent Director | Board & advisors |
Judy Qing Ye | Independent Director | Board & advisors |
Lim Ah Doo | Independent Director | Board & advisors |
Gary J. Wojtaszek | Director | Board & advisors |
Liu Chee Ming | Director | Board & advisors |
Kejing Zhang | EVP, Sales & Service | Team |
Surya Agustian | Senior HR & Admin Executive | Team |
11 more people are available in the full profile.
Complete people profiles for GDS Services
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IPO & Listings of GDS Services
GDS Services is a publicly listed company on the HKEX with ticker symbol 9698 in Hong Kong, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date02 Nov 2020
- Listed onHKG: 9698
- Listed entityGDS Holdings Ltd.
- Exchange sectorTechnology services
- ISINKYG3902L1095
- Share price29.10 HKD (-2.48% on the day) · 2026-10-14
- Market capitalisation46,533,411,254.00 HKD
- Price to earnings14.9
- EPS (diluted, trailing year)1.96 HKD
- Volume (last session)2,705,468
Financials of GDS Services
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 12.40B HKD | 1.03B HKD | 5.87B HKD |
| 2024 | 11.19B HKD | -1.14B HKD | 5.25B HKD |
| 2023 | 10.81B HKD | -4.74B HKD | 5.17B HKD |
| 2022 | 10.84B HKD | -1.70B HKD | 5.09B HKD |
| 2021 | 9.42B HKD | -1.52B HKD | 4.48B HKD |
Detailed financial statements for GDS Services
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of GDS Services
4 dated milestones of GDS Services across 24 years, from founding to its latest funding, stage changes and deals.
- Founded GDS Services is founded.
- Funding First funding round of $20.0M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $500.0M.
Web traffic of GDS Services
The website of GDS Services (gds-services.com) receives about 52K visits a month and ranks #430,251 among all websites worldwide, #4,393 in Investing.
- Monthly visits52K
▼ 22.8% vs previous month
- Unique visitors9.4K
per month
- Global rank#430,251
among all websites
- Category rank#4,393
Finance · Investing
- Bounce rate20%
- Pages per visit7.0
- Average visit10 min 29 sec
- DevicesDesktop 86% · Mobile 14%
Websites whose visitors overlap most with GDS Services. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
finchina.com | finchina.com | 100% | – | ||
chinabigdata.com | chinabigdata.com | 94% | – | ||
| zqrb.cn | 84% | 173.9K | #279,194 | View details | |
annualreports.com | annualreports.com | 84% | #135,230 | – | |
jomfruland.net | jomfruland.net | 84% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for GDS Services
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- 6 similar websites
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Related news about Gds Services
Complete news archive for GDS Services
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Frequently Asked Questions about GDS Services
GDS Services was founded in 2001 and raised its 1st funding round 8 years after it was founded.
GDS Services is headquartered in Chaoyang, China. It is registered at Chaoyang, Liaoning, China.
William Wei Huang is the CEO of GDS Services, as recorded in our data. They have also founded this company.
GDS Services is a funded company, having raised a total of $20M across 7 funding rounds to date. The company's 1st funding round was a Series A of $20M, raised on Sep 2009.
GDS Services has 2,280 employees.
Annual revenue of GDS Services is $1.44B as on Dec 31, 2024.
GDS Services Ltd was founded in 2001 and is headquartered in Chaoyang, China. Operations focus on the data services sector, where colocation, managed hosting, and managed cloud services are offered. These services target demanding data customers within the Chinese market, supporting infrastructure needs for high-reliability applications. The company maintains a domain at gds-services.com, with William Wei Huang serving as founder and CEO.
Yes, GDS Services is publicly traded on HKEX under the ticker symbol 9698.
GDS Services has 10 investors. Key investors include ST Telemedia Global Data Centres, Ping An, Coatue, The Baupost Group, and Hillhouse.