Demand And OrdersGDS won total new orders of 151.6 MW from two projects, indicating a strong demand for its services.
Market OutlookThe outlook for the Chinese data center market has improved, with the Chinese government reversing its multi-year efforts to control consumer technology proliferation.
Revenue GrowthThe international business, in which GDS holds a 35.6% stake, saw its revenue surge 3.3 times year-over-year, driven by increased IT capacity utilization.