DayOne is considering a dual listing in Singapore and the United States, although there are no concrete plans for Singapore at this stage, according to a source cited by Reuters. DayOne raised $2 billion in January, under the guidance of Coatue. Existing investors of DayOne include SoftBank Vision Fund, Ken Griffin of Citadel, and the Indonesian Investment Authority.
Global data center operator DayOne is considering a dual listing in Singapore and the United States, with plans in Singapore not yet concrete, as stated by a source close to the matter to Reuters. DayOne initially considered a single listing in New York but was convinced by the Singapore Exchange officials to proceed with a dual listing, as reported by the Financial Times.
The source spoke to Reuters anonymously as the information was not public. DayOne declined to comment. Reuters reported in February that DayOne planned to raise $5 billion in a US IPO that could value the company at $20 billion.
In 2022, Shanghai-based GDS Holdings created GDS International in Singapore, which was renamed DayOne in January 2025 after separating from the parent company. Among DayOne’s current investors based in Singapore are American investment company Coatue Management, SoftBank Vision Fund, and Ken Griffin, founder of Citadel Securities. GDS retains a minority stake in the company.
DayOne raised over $2 billion in its Series C funding round in January but did not disclose its valuation at the time. This funding round was evaluated with a 100% premium compared to its previous funding round, led by existing investor Coatue, with the participation of investors such as the Indonesian sovereign fund, the Indonesia Investment Authority.
/2026/05/16/6a08b11c99b16927491638.jpg "\"Sheep in the box\" in competition at the Cannes Film Festival: Hirokazu Kore-eda uses AI to talk about what makes us human")
