Beijing Qinhuai Technology Obtains Record $570 Billion in Funding from Bain Capital

 -  -  55


Chinese cloud-computing infrastructure operator Beijing Qinhuai Technology (秦淮数据) has obtained USD$570 billion in funding from Boston-based Bain Capital.

According to domestic observers the deal is the single biggest investment ever made in a Chinese data centre.

Beijing Qinhuai focuses on “information technology infrastructure ecosystem planning, design, investment, construction, monitoring and operation,” and provides “full-ecosystem chain services” encompassing data centres, internet services and IT value-added operations.

The company was first established in August 2015, and has since rapidly established a presence in the first-tier cities of Beijing, Shanghai and Shenzhen.

Bain Capital has over two decades of investment experience in China with over 20 investments worth around USD$2 billion, in companies including GOME Electrical Appliances, Sunac, Uniview and Rise Center.

5 recommended
comments icon 5 comments
5 notes
80 views
bookmark icon

Write a comment...

Your email address will not be published. Required fields are marked *