The company plans to raise up to $5 billion in the offering, with Bloomberg reporting a potential valuation of $20 billion. Backed by SoftBank Vision Fund, Coatue, and Hillhouse, DayOne recently closed a separate funding round of $4.5 billion. Morgan Stanley, JPMorgan, Bank of America, and Citigroup are leading the deal for the firm, which expects to trade under the ticker symbol DODC.
Tuesday, October 20, 2026
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DayOne Files for $5B US IPO at $20B Estimated Value
Earnings15 days ago
A Singapore based network of data centers filed for a public listing on the Nasdaq after reporting that revenue for the first half of the year hit $512 million. The operator, known as DayOne and formerly GDS International, saw that figure grow 238% from $151.5 million in the prior-year period, though its net loss for the same window widened to $81.9 million from $13.5 million. DayOne develops sites across Europe and Asia-Pacific and has secured more than 1.5 gigawatts of capacity bookings since 2022.
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