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Nasdaq Welcomes GDS Holdings Ltd. (Nasdaq: GDS) to The Nasdaq Stock Market

NEW YORK, Nov. 02, 2016 (GLOBE NEWSWIRE) -- GDS Holdings Ltd. (Nasdaq:GDS), a leading developer and operator of high-performance data centers in China, visited the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market. This is the sixth China-based company to list on Nasdaq in 2016.

GDS Holdings Ltd. (Nasdaq:GDS), a leading developer and operator of high-performance data centers in China, visits the Nasdaq MarketSite in Times Square in celebration of its IPO.


A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/35516ae9-038d-41e0-ad66-d2c184e66da0

With facilities strategically located in China’s primary economic hubs where demand for high-performance data center services is concentrated, GDS data centers are large-scale, highly reliable and highly efficient operating environments in which customers securely house, power and cool their computer systems and IT networking equipment. Primary value-added services include colocation services, managed hosting services and managed cloud services. According to 451 Research, an independent research firm, GDS is the largest service provider in the high-performance carrier-neutral data center services market in China, with 24.9% market share as measured by area committed as of September 30, 2016.

“We are excited to become a publicly-traded company on The Nasdaq Stock Market. Cloud and digital technologies are transforming China and creating opportunities scarcely imaginable 10 years ago. As enterprises seek to address these opportunities, GDS provides the platform they need to grow and fulfill their potential. We are data center pioneers in China with a15-year track record of successfully fulfilling the most demanding, mission-critical IT infrastructure requirements of top-tier internet companies, financial institutions, large enterprises and multinational corporations. We have the right resources in the right places to capture the tremendous growth opportunities on the horizon. With today’s successful IPO, we are ready to take the next step forward to accelerate our growth,” said William Wei Huang, Founder, Chairman and Chief Executive Officer of GDS.

“Technology is rapidly changing business and everyday lives in China. GDS is at the center of this fast-paced change by providing world-class data centers and high-availability IT infrastructure services to the leading companies driving technology forward,” said Bob McCooey, Senior Vice President, Listing Services, Nasdaq. “We welcome GDS to join Nasdaq, home to the world’s most innovative technology companies, as the company moves on to the next exciting stage of their journey.”

The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Information about the company is provided by the company or comes from the company’s public filings and is not independently verified by Nasdaq. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

About Nasdaq:

Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,700 listed companies with a market value of approximately $9.3 trillion and nearly 18,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.

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Media Relations Contacts: Stephanie Lowenthal (646) 441-5073 Stephanie.Lowenthal@nasdaq.com Emily Pan (646) 441-5120 emily.pan@nasdaq.com

Source:NASDAQ, Inc.