GDS

GDS Appoints Jamie Khoo As CEO of GDS International

Retrieved on: 
Tuesday, March 26, 2024
Accounting, SVP, GDS, Operational excellence, Ernst & Young, ABB, Series, ST Telemedia

SHANGHAI, China, March 26, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS”, “GDSH” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced the appointment of Ms. Jamie Khoo, currently the Chief Operating Officer (“COO”) of GDS, as the Chief Executive Officer (“CEO”) of DigitalLand Holdings Limited (“GDS International” or “GDSI”), the holding company for GDS’s international data center assets and operations.

Key Points: 
  • SHANGHAI, China, March 26, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS”, “GDSH” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced the appointment of Ms. Jamie Khoo, currently the Chief Operating Officer (“COO”) of GDS, as the Chief Executive Officer (“CEO”) of DigitalLand Holdings Limited (“GDS International” or “GDSI”), the holding company for GDS’s international data center assets and operations.
  • The appointment is effective at the closing of the Series A capital raise of GDS International which has been announced today.
  • “We are delighted to announce Jamie’s appointment as the CEO of GDS International,” commented Mr. William Huang, Chairman and CEO of GDS.
  • With her leadership, I am confident that GDS International will continue its successful development in international markets.

GDS Holdings Limited Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, March 26, 2024
Research, PIN, SH17, GP, Growth, H.10, HK1, RMB, SH18, Asset, Digital Park, GDS, ADS, Translation, Bank statement, Adjustment, Minhang District, HK2, GAAP, Depreciation, Retirement, USD, Marketing, SH16, Video game

Gross profit margin was 16.9% in the fourth quarter of 2023, compared with 20.3% in the fourth quarter of 2022, and 17.8% in the third quarter of 2023.

Key Points: 
  • Gross profit margin was 16.9% in the fourth quarter of 2023, compared with 20.3% in the fourth quarter of 2022, and 17.8% in the third quarter of 2023.
  • Adjusted GP margin (non-GAAP) was 49.7% in the fourth quarter of 2023, compared with 50.9% in the fourth quarter of 2022, and 49.5% in the third quarter of 2023.
  • Others, net for the fourth quarter of 2023 was RMB30.5 million (US$4.3 million), compared with RMB31.0 million in the fourth quarter of 2022 and RMB21.7 million in the third quarter of 2023.
  • Adjusted EBITDA margin (non-GAAP) was 44.3% in the fourth quarter of 2023, compared with 44.6% in the fourth quarter of 2022, and 44.7% in the third quarter of 2023.

GDS Announces Landmark US$587 Million Equity Raise For its International Business

Retrieved on: 
Tuesday, March 26, 2024
Growth, White, Sale, Regulation, GDS, IPO, Security (finance), White & Case, Series, Person

This transaction is a significant step forward in the Company’s strategy to obtain dedicated financing for the development of its international business on a standalone basis.

Key Points: 
  • This transaction is a significant step forward in the Company’s strategy to obtain dedicated financing for the development of its international business on a standalone basis.
  • GDS International was established in 2022 with its corporate headquarters in Singapore.
  • The Series A subscription price implies a pre-money equity valuation for GDSI of US$750 million, which is approximately US$3.92 per American Depositary Share of GDSH.
  • Post-Closing and on an as-converted basis, GDSH will own approximately 56.1% of the equity interest of GDSI in the form of ordinary shares.

GDS to Report Fourth Quarter and Full Year 2023 Financial Results Before the Open of the U.S. Market on March 26, 2024

Retrieved on: 
Wednesday, March 13, 2024
PIN, GDS

SHANGHAI, China, March 13, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced that it will report its fourth quarter and full year 2023 unaudited financial results after the close of the Hong Kong market and before the open of the U.S. market on March 26, 2024.

Key Points: 
  • SHANGHAI, China, March 13, 2024 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced that it will report its fourth quarter and full year 2023 unaudited financial results after the close of the Hong Kong market and before the open of the U.S. market on March 26, 2024.
  • The Company’s management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, March 26, 2024 (8:00 PM Hong Kong Time on the same day).
  • Participants should complete online registration using the link provided below at least 15 minutes before the scheduled start time.
  • Upon registration, participants will receive the conference call access information, including dial-in numbers, a personal PIN and an e-mail with detailed instructions to join the conference call.

Omni Design Technologies Offers Swift™ Data Converters for Advanced Software Defined Radio (SDR) Solutions

Retrieved on: 
Monday, March 11, 2024
Technology, Mobile, Wireless, Audio, Video, 5G, Artificial Intelligence, Telecommunications, IOT (Internet of Things), Software, Networks, Internet, Hardware, Electronic Design Automation, Semiconductor, Data Management, Fin field-effect transistor, AFE, Risk, PLL, GDS, Spacecraft, Silicon, SDR, IP, DAC, Software-defined radio, Radio frequency, ADC, MIMO, Cassette tape

Omni Design Technologies , a leading provider of high-performance, low-power mixed-signal intellectual property (IP), today announced their silicon IP solutions on advanced FinFET nodes, for Advanced Software Defined Radio (SDR) applications.

Key Points: 
  • Omni Design Technologies , a leading provider of high-performance, low-power mixed-signal intellectual property (IP), today announced their silicon IP solutions on advanced FinFET nodes, for Advanced Software Defined Radio (SDR) applications.
  • Omni Design Technologies’ SDR IP offerings are built using its Swift™ data converter technology, which offers ultra-high-performance ADCs and DACs at low power.
  • Omni Design Technologies offers high-performance low power IP solutions for next generation SDR applications, featuring more than twenty-five Swift™ data converters and AFE IP cores.
  • “Omni Design Technologies is accelerating the deployment of Software Defined Radio IP solutions, enabling our customers to move highly integrated solutions quickly to market and with reduced risk,” said Dr. Kush Gulati, President and CEO of Omni Design Technologies.

Glen Smith of GDS Wealth Management Named One of Forbes' 2024 Best-in-State Wealth Advisors

Retrieved on: 
Wednesday, April 3, 2024
Research, CIO, Telephone, GDS, Multimedia, Family, Lip

DALLAS, April 3, 2024 /PRNewswire/ -- For the sixth year in a row, Glen Smith, the CEO and CIO of GDS Wealth Management, is ranked as one of Forbes' Best-in-State Wealth Advisors.

Key Points: 
  • DALLAS, April 3, 2024 /PRNewswire/ -- For the sixth year in a row, Glen Smith, the CEO and CIO of GDS Wealth Management, is ranked as one of Forbes' Best-in-State Wealth Advisors.
  • To qualify as one of Forbes' Best-in-State Wealth Advisors, advisors must meet rigorous criteria.
  • Nearly 40,000 advisors have been nominated over the course of the award, but a mere fraction of those earn the designation.
  • GDS Wealth Management only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements.

HotelREZ and Sabre Renew Decade-Long Technology Partnership

Retrieved on: 
Tuesday, March 26, 2024
Partnership, GDS, Sabre Corporation, SABR, Sabre, Online shopping

SOUTHLAKE, Texas, March 26, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, announced the renewal of the longstanding technology partnership between HotelREZ , one of the world's largest and fastest growing hotel representation companies, dedicated to connecting independent properties with bookers worldwide, and Sabre Hospitality.

Key Points: 
  • SOUTHLAKE, Texas, March 26, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, announced the renewal of the longstanding technology partnership between HotelREZ , one of the world's largest and fastest growing hotel representation companies, dedicated to connecting independent properties with bookers worldwide, and Sabre Hospitality.
  • This renewal reaffirms HotelREZ and Sabre's mutual commitment to leveraging both companies' strengths, combining Sabre Hospitality's cutting-edge technology with HotelREZ's unparalleled representation services.
  • "Sabre's advanced technology and customer-centric approach aligns seamlessly with HotelREZ's vision and roadmap solidifying our collaborative partnership."
  • By leveraging Sabre's technology solutions, HotelREZ customers will benefit from Sabre Hospitality's SynXis Platform and distribution technology to promote their content to hundreds of thousands of travel agents globally.

BLACK SKULL LAUNCHES AT A FAIR IN CALIFORNIA A POST-WORKOUT WITH EXCLUSIVE SALE ON AMAZON

Retrieved on: 
Friday, March 15, 2024
Health, GROW, Stevia, University, Hormone, Islam, Sport, Amazon, Lactose, Antibody, GMO, Colostrum, GDS, Hypertrophy, Quality of life, Jews, Diet, Investment, Water, Oligosaccharide, WHEY, Multimedia, BLACK, Soil, Food safety, Chocolate, Allergen, Dairy

SÃO PAULO, March 14, 2024 /PRNewswire/ -- BLACK SKULL (www.blackskullusa.com), a brand from Grow Dietary Supplements Labs USA (GDS), a leader in the hardcore nutrition segment in Brazil, participates in the largest fair in the world in the natural sector, the Natural Products Expo West, which takes place from March 12th to 16th, in Anaheim, California – USA. The brand will present its newest launch, WHEY GRASS FED, the first post-workout supplement that has 19g of high biological value protein and 1g of Bovine Colostrum, which will be sold exclusively on the AMAZON platform, initially for the North American market.

Key Points: 
  • The supplement is Halal and Kosher certified and will be presented at Natural Products Expo West.
  • Colostrum is composed of a powerful combination of bioactives (immunoglobulins, immune modulators and oligosaccharides), which support immunological, respiratory and intestinal health.
  • The product arrives in sustainable 900-gram packaging, with freeze-dried natural smell from the Amazon, such as Guaraná with Açaí and Chocolate with Cupuaçu.
  • "In addition to contributing to the health of consumers, WHEY GRASS FED will help fruit producer cooperatives in the Amazon and riverside families.

Sabre announces Sabre Red Launchpad™, a new booking solution for travel agencies with launch partner Internova Travel Group

Retrieved on: 
Monday, March 11, 2024
Consultant, GUI, Travel, GDS, Sabre Corporation, SNAP, XML, NDC, Atmosphere, Product management, SABR, Language, Online shopping

SOUTHLAKE, Texas, March 11, 2024 /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR), a leading software and technology provider powering the global travel industry, announced the development of a new booking solution, Sabre Red Launchpad™, designed for new or independent travel consultants.  Sabre developed Sabre Red Launchpad, an extension of Sabre Red 360, with launch partner Internova Travel Group, one the world's largest travel services companies.

Key Points: 
  • Sabre developed Sabre Red Launchpad, an extension of Sabre Red 360, with launch partner Internova Travel Group, one the world's largest travel services companies.
  • "Sabre Red Launchpad expands the Sabre Red toolkit," said Kathy Morgan, Vice President of Product Management, Distribution Experience, Sabre Travel Solutions.
  • Sabre Red Launchpad co-exists alongside Sabre's existing agency booking solution, Sabre Red 360.
  • If complex servicing needs arise, Sabre Red Launchpad users can hand-off bookings seamlessly to teammates working in Sabre Red 360.

NEXEN TIRE joins GDSO

Retrieved on: 
Monday, February 19, 2024
Data management, RFID, Tire, GDS, Organization, Heavy equipment

SEOUL, Korea, Feb. 19, 2024 (GLOBE NEWSWIRE) -- NEXEN TIRE, a leading global tire manufacturer, today announced that it has become a full member of the Global Data Service Organization (GDSO) for Tires and Automotive Components.

Key Points: 
  • SEOUL, Korea, Feb. 19, 2024 (GLOBE NEWSWIRE) -- NEXEN TIRE, a leading global tire manufacturer, today announced that it has become a full member of the Global Data Service Organization (GDSO) for Tires and Automotive Components.
  • The membership underlines NEXEN TIRE's position as one of the world's leading tire manufacturers and its commitment to advancing the industry with technical innovations.
  • The decision to become a full member of the GDSO demonstrates NEXEN TIRE's commitment to actively contribute to the realization of the association's objectives.
  • DC KIM, Vice President of NEXEN TIRE Europe commented, "By joining the GDSO as a full member and by providing reliable data, we as a tire manufacturer want to make a positive contribution to the further development of the tire industry and play an active role in shaping it."