08:12 AM EDT, 10/17/2025 (MT Newswires) -- GDS Holdings' ( GDS ) affiliate DayOne is looking to raise over $1 billion in a new round of funding, Reuters reported Friday.

The series C fundraising is intended to support the data center operator's growth plans in Southeast Asia and Europe, the report said, citing people familiar with the situation. DayOne, formerly known as GDS International, could be valued between $4 billion and $5 billion before new capital is injected, the report said.

DayOne did not immediately respond to a request for comment from MT Newswires.

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