VNET Group

VNET Gr

VNET started as AsiaCloud in 1999 and moved to the data center business with its first self-developed data center opening in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At the end of March 2025, it had 51,960 retail cabinets with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 573 MW of wholesale capacity in service with a further 377 MW under construction and a further 670 MW held for future development.

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VNET shares jumped after raising 2025 guidance and unveiling a $50M buyback plan.

VNET Group Is Soaring Friday: What&#39;s Going On?

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VNET Group, Inc. - American Depositary Shares

VNET Group Inc

Earnings

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VNET Reports Unaudited Fourth Quarter and Full Year 2024 Financial Results

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VNET Announces Proposed Offering of Convertible Senior Notes

VNET Prices Offering of US$430 Million Convertible Senior Notes due 2030

VNET Announces the Closing of Its Offering of US$430 Million Convertible Senior Notes due 2030

VNET Files Its Annual Report on Form 20-F for Fiscal Year 2024

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VNET Publishes 2024 Environmental, Social and Governance Report

VNET to Announce Unaudited First Quarter 2025 Financial Results on May 28, 2025

VNET Reports Unaudited First Quarter 2025 Financial Results

VNET Raises Full Year 2025 Revenue and Adjusted EBITDA Guidance

VNET Announces Authorization of Share Repurchase Program Up to US$50 Million

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