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Chindata Group Holdings Priced, Nasdaq: CD

Integrated data center operator focusing on Asia-Pacific emerging markets.

Industry: Technology

Latest Trade: $9.99 -0.12 (-1.2%)

First Day Return: +20.2%

Return from IPO: -25.1%

Industry: Technology

We are the leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, focusing on the China, India and Southeast Asia markets. Our data centers are highly integrated, specialized and mission-critical infrastructure used by our clients to analyze, manage and store their most important data, business systems and processes. According to Frost & Sullivan, as of December 31, 2019, we ranked first in the carrier-neutral hyperscale data center market in Asia-Pacific emerging markets in terms of capacity in service, with 21.5% market share out of a total market size of 829 MW. We are a first mover in building next-generation hyperscale data centers in the markets we serve. Our clients benefit from our integrated platform to support and grow their business internationally. Led by a highly experienced and international management team, we are the only hyperscale data center solution provider with presence in China, India and Southeast Asia, according to Frost & Sullivan. We operate six hyperscale data centers in China and one hyperscale data center in Malaysia, and are constructing five data centers in China and one data center in India
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IPO News for Chindata Group Holdings
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IPO Data
IPO File Date 09/08/2020
Offer Price $13.50
Price Range $11.50 - $13.50
Offer Shares (mm) 40.0
Deal Size ($mm) $540
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/29/2020
Offer Price $13.50
Price Range $11.50 - $13.50
Offer Shares (mm) 40.0
Deal Size ($mm) $540
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Beijing, China
Founded 2015
Employees 765
Website www.chindatagroup.com