![GDS China.jpg](https://media.datacenterdynamics.com/media/images/GDS_China.2e16d0ba.fill-280x185.jpg)
GDS raises $587m in funding for international business
Talks of GDS selling stakes in its international unit confirmed in March
Talks of GDS selling stakes in its international unit confirmed in March
The appointment coincides with the closing of its Series A funding
Funding provided by four financial institutions
Revenue increased 6.4 percent year over year
Revenue slightly increases for most, NextDC and GDS see net losses
Part of the company's Singapore Plus strategy
But in the end, GDS will own the whole thing
The money will be used to further GDS's expansion plans
After recently expanding in Beijing
GDS Holdings doing nationwide build for mystery customer that may be Alibaba
Will open later this year
Home to Alibaba’s first self-built data centers
The two companies will partner, benefiting customers that want to move between the US and China
Already 100 percent leased
Documents signed ahead of facility’s opening in 2018