TacticScaleWhat GDS Does & How It Makes Money (9698.HK)
Updated October 2026 · reflects GDS's latest reported financials
Chinese data center developer and operator serving cloud and internet firms. It earns recurring fees mainly by leasing data center capacity (space, power, racks and cooling) to customers under colocation arrangements.
How GDS makes money
It earns recurring fees mainly by leasing data center capacity (space, power, racks and cooling) to customers under colocation arrangements. Additional revenue comes from managed hosting, managed cloud and consulting services.
What GDS does
GDS Holdings develops and operates data centers in the People's Republic of China. Its core offering is colocation: customers rent critical facilities space, power, racks and cooling to house their own IT equipment. On top of that it provides managed hosting, including business continuity and disaster recovery, network management, data storage, system security, and operating system, database and server middleware services. It also offers managed cloud and consulting services. Its customers include cloud service providers, large internet companies, financial institutions, telecom carriers, IT service providers, large domestic private companies and multinational corporations. Founded in 2001 and headquartered in Shanghai, GDS makes its money by renting out the physical infrastructure behind China's digital economy.
Products & services
- Colocation services
- Managed hosting services
- Business continuity and disaster recovery
- Managed cloud services
- Consulting services
What is GDS worth?
A reliable owner-earnings fair value isn't available for this company yet — we'd rather say so than print a number we don't trust.
We show a fair value only when the method is trustworthy. See GDS on TacticScale →
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