Singapore-based data center operator DayOne files for a US IPO, reporting its H1 revenue more than tripled YoY to $512M while its net loss widened to $77.2M (Pragyan Kalita/Reuters)

Singapore-based data center operator DayOne Data Centers has filed for a US initial public offering. The company's revenue more than tripled year-over-year to $512 million in the first half of the year, according to its filing with the US Securities and Exchange Commission.

DayOne reported a net loss of $77.2 million for the six months ended June 30, compared to a loss of $12.6 million, or $13.5 million, or $81.9 million, in the same period a year earlier, depending on the source. The company, which was previously known as GDS International before rebranding in 2025, develops and operates data centers for cloud-computing and AI customers.

DayOne operates across Asia-Pacific and Europe, including Malaysia, Indonesia, Thailand, Hong Kong, Japan, Finland, and Spain. The company has not disclosed the size of the offering, but according to Reuters, it was aiming to raise as much as $5 billion at a potential valuation of $20 billion.

Brief written by urgent.news from Techmeme, Straits Times Business, New Straits Times, The Business Times - Companies & Markets — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.