Market Chatter: DayOne Seeking Over $1 Billion in Fresh Fundraising

MT Newswires Live

Oct 20

GDS Holdings (HKG:9698) affiliate DayOne is eyeing up to $1 billion in a series C fundraising, Reuters reported Friday, citing people with knowledge of the matter.

The firm could be valued at $4 billion to $5 billion before fresh capital is injected in the business which will primarily be used to support the global data center operator's growth plans in Southeast Asia and Europe, the report said.

DayOne confirmed the equity fundraising to Reuters, and said the effort was independent of GDS, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1588","symbol_name":"回港中概股","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2576885548","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2576885548","pubTimestamp":1760926489,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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