Exhibit 99.1 GDS Reports Third Quarter 2024 Results 1 GDS Holdings Limited Reports Third Quarter 2024 Results Shanghai, China, Nov 19, 2024 – GDS Holdings Limited ("GDS Holdings", "GDS" or the "Company") (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Highlights · Net revenue increased by 17.7% year-over-year ( ...