Dayone Data Centers Raises 2B for AI Expansion in Europe Asia

Dayone Data Centers Raises 2B for AI Expansion in Europe Asia

DayOne Data Centers in Singapore closed a Series C funding round of over $2 billion to accelerate its expansion in Europe and Asia-Pacific, addressing the increasing demand for AI computing power. DayOne specializes in hyperscale data centers, employing high power density and liquid cooling technologies. With a focus on renewable energy access, it has already secured 1GW of contracted customer capacity. This funding will enable DayOne to further develop its advanced infrastructure and meet the growing needs of AI-driven applications globally.

OYO Struggles in China As Indian Hotel Giant Faces Expansion Challenges

OYO Struggles in China As Indian Hotel Giant Faces Expansion Challenges

Indian budget hotel chain OYO is facing challenges in its expansion within the Chinese market, encountering difficulties in traffic acquisition, channel development, and regulatory compliance. Despite its soaring valuation, whether the Chinese market can become its growth engine remains uncertain. OYO is attempting to reshape the budget hotel experience through offline breakthroughs and localization strategies, while actively pursuing global expansion. Its success or failure in the Chinese market will provide valuable experience for other international companies seeking to enter or expand within China's complex and competitive landscape.