Chindata Group Holdings
All the latest news on Chindata Group Holdings from the Cloud7 News. You can get the daily news for FREE by subscribing to our newsletter.
- Legal Name: Chindata (Beijing) Co., Ltd.
- Website: https://www.chindatagroup.com/
- Email: [email protected]
- Founded: 2015
- Stock Symbol: NADAQ: CD
- Industry: Data Center
- Brands: Chindata, Bridge Data Centres
What is Chindata Group Holdings?
Chindata Group is a carrier-neutral hyperscale data center solution provider in the Asia-Pacific emerging market. The company focuses on the life cycle of facility planning, investment, design, construction, and operation of ecosystem infrastructure in the IT industry. It has two sub-brands: “Chindata” and “Bridge Data Centres.” While Chindata operates hyper-density IT cluster infrastructure in China, Bridge Data Centres serves deployable data center clusters in Malaysia.
After being founded in 2015, Chindata began the strategic layout in Beijing, Shanghai, and Shenzhen. Following the launches of new full-stack hyperscale data center solutions, the company acquired Bridge Data Centres. Chindata Group has a presence in China, India, and Southeast Asia in the five regions. In addition to India and Malaysia, Greater Beijing Area, Yangtze River Delta Area, and Greater Bay Area are the locations in China.
Chinadata’s full-stack hyperscale data center solutions have three key characteristics: centralization, standardization, and modularity. In addition to colocation and managed service, Chindata’s solutions cover energy procurement and transmission, infrastructure, IT, and network services.
The company posted second-quarter revenue of US$106 million, up 64% year over year, and a quarterly net profit of US$10 million in 2021. In the same year, Chindata Group participated in China’s first nationwide green power transaction and completed 100 million kilowatt-hours (kWh) procurement. Chindata expects to power its digital infrastructure by green electrify produced from renewable energy power plants.
Chindata Group Holdings News
Chindata to join China’s first nationwide green power transaction
China introduced its goals of reaching peak carbon emissions by 2030 and carbon neutrality by 2060. After this announcement, Chindata ...
Chindata Group joins United Nations Global Compact
Chindata Group announced the first digital infrastructure corporate participant of the United Nations Global Compact in the Asia Pacific in ...
Chindata Group reports positive results for 2020 third quarter
Chindata Group, a carrier-neutral hyper-scale data center solution provider in Asia-Pacific emerging markets, has posted its latest financial results confirming ...
Chindata Group opens a single hyperscale data center in Shanxi
Chindata Group announced the opening of one of Asia's largest single hyper-scale data centers in its Taihang Mountain Energy and ...
ChinData aims $500M IPO
ChinData's public offering could raise as much as $500 million and it is expected to happen in the USA. Chinese ...
What are the latest news on Chindata Group Holdings?
The latest Chindata Group Holdings news are: