{
  "id": 12266282,
  "title": "Singapore’s DayOne files for US IPO joining data centre rush",
  "url": "https://urgent.news/2026/10/06/singapores-dayone-files-for-us-ipo-joining-data-centre-rush",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-06T00:43:00.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/singapores-dayone-files-for-us-ipo-joining-data-centre-rush"
  },
  "original_language": "en",
  "account": null,
  "summary": "Singapore's DayOne Data Centers has filed for a US IPO, joining the wave of firms in the data centre sector seeking to capitalize on investors' demand for artificial intelligence infrastructure. The company reported a net loss of US$81.9 million on revenue of US$512 million for the six months ending June 30, 2024, compared to a net loss of US$13.5 million on revenue of US$151.5 million in the same period a year earlier. DayOne, formerly known as GDS International, aims to raise up to US$5 billion at a valuation of about US$20 billion, and is being led by Morgan Stanley, JPMorgan Chase & Co, Bank of America, and Citigroup. The IPO is expected to trade on the Nasdaq Stock Market under the symbol DODC.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "New Straits Times",
        "title": "Data centre operator DayOne reveals revenue surge in US IPO filing",
        "url": "https://urgent.news/2026/10/06/data-centre-operator-dayone-reveals-revenue-surge-in-us-ipo-filing",
        "published": "2026-10-06T00:41:53.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}