MELANY's data-driven read on GDS Holdings Limited ADS.
GDS Holdings started as an IT service provider in 2001 and entered the data center business, opening its first self-developed facility in 2010. It now develops and operates data centers in China and also builds, operates, and transfers data centers for other clients, offering colocation and managed services mainly to hyperscale cloud customers that take large areas or entire data centers under long-term contracts.
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