GDS Holdings vs Keppel DC REIT

GDS Holdings's primary segment is Data Center REITs; Keppel DC REIT's is Data Center Operators (Colo). GDS Holdings is larger by market cap ($5.5B vs $4.6B). GDS Holdings reports higher tracked revenue ($1.6B vs $346M).

Shared segment: AI & Data Center.

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Side-by-side

GDS HoldingsKeppel DC REIT
Market cap$5.5B$4.6B
Revenue$1.6B (FY2025)$346M (FY2025)
Primary segmentData Center REITsData Center Operators (Colo)
Market positionmajorniche
CountryChinaSingapore
Tracked suppliers44
Tracked customers55
Chokepoint / criticality8/1006/100

Market caps/revenue from the wafergraph dataset · data as of 2026-10-04. Criticality is a graph-derived chokepoint score (0–100). Coverage is partial; "Unpriced" means no reliable market cap.

How GDS Holdings and Keppel DC REIT compare

  • Size: GDS Holdings is the larger company by market cap.
  • Revenue: GDS Holdings reports higher tracked revenue.
  • Supply-chain criticality: GDS Holdings has the higher chokepoint score (8/100 vs 6/100).
  • Footprint: GDS Holdings (China) vs Keppel DC REIT (Singapore).

Company hubs

GDS Holdings · Keppel DC REIT · AI & Data Center segment

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Cite as: wafergraph, “GDS Holdings vs Keppel DC REIT”, https://wafergraph.com/compare/gds-vs-keppel_dc (data as of 2026-10-04).

Frequently asked questions3
Is GDS Holdings bigger than Keppel DC REIT?
GDS Holdings is larger by market cap ($5.5B vs $4.6B).
What's the difference between GDS Holdings and Keppel DC REIT?
GDS Holdings is a major in Data Center REITs based in China; Keppel DC REIT is a niche in Data Center Operators (Colo) based in Singapore. Both operate in the AI & Data Center segment.
Who are GDS Holdings's and Keppel DC REIT's suppliers?
wafergraph tracks 4 suppliers for GDS Holdings and 4 for Keppel DC REIT.