Leading cloud service provider Nebius recently announced a remarkable start to the year, reporting $55.3 million in Q1 revenue. This strong financial performance highlights significant growth and momentum for the company heading into the new fiscal year. The results reflect robust demand for their cutting-edge cloud platform and related services among a growing base of enterprise clients.
Building on this success, Nebius is setting its sights on ambitious international expansion. The company has specifically identified the Asia-Pacific (APAC) region as a key strategic market for future growth. As part of this expansion strategy, Nebius is targeting Singapore to establish a significant presence.
Singapore is a crucial hub for technology and business in the APAC region, offering a strategic location, advanced digital infrastructure, and a thriving ecosystem. Nebius plans to leverage these advantages to extend its reach and provide its high-performance cloud services to businesses across Southeast Asia and beyond. This move signifies a major step in Nebius’s global journey, aiming to become a leading provider in one of the world’s most dynamic and rapidly developing markets. The focus on Singapore underscores the company’s commitment to investing in key international locations to support its continued growth trajectory.
Source: https://datacenternews.asia/story/nebius-posts-usd-55-3m-q1-revenue-eyes-singapore-as-apac-hub
