VNET Group 

$9.03
102
-$0.31-3.32% Tuesday 20:00

Statistics

Day High
9.36
Day Low
9
52W High
14.48
52W Low
5.31
Volume
3,448,468
Avg. Volume
-
Mkt Cap
0
P/E Ratio
-
Dividend Yield
-
Dividend
-

Earnings

21AugExpected
Q4 2023
Q1 2024
Q2 2024
Q3 2024
Q4 2024
Q1 2025
Q2 2025
-0.48
-0.3
-0.12
0.06
Expected EPS
0.01
Actual EPS
-0.06

Financials

2.2%Profit Margin
Profitable
2019
2020
2021
2022
2023
2024
2.27BRevenue
49.94MNet Income

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Competitors

This list is an analysis based on recent market events. It's not an investment recommendation.
Alibaba Group
BABA
Mkt Cap270.67B
Alibaba Cloud, part of Alibaba Group, competes in the cloud services market in China and globally, offering similar cloud solutions and data center services as VNET.
Tencent
TCEHY
Mkt Cap532.58B
Tencent Cloud is a direct competitor in the cloud computing space, offering a wide range of cloud services and solutions in China and internationally, similar to VNET.
Amazon
AMZN
Mkt Cap2.57T
Amazon Web Services (AWS) is a global leader in cloud computing, competing with VNET in providing cloud infrastructure and various cloud services.
Microsoft
MSFT
Mkt Cap2.9T
Microsoft Azure competes in the cloud services industry, offering cloud computing solutions that rival those of VNET, with a strong presence in China and globally.
Alphabet
GOOGL
Mkt Cap4.39T
Google Cloud Platform (GCP) offers cloud computing services that compete with VNET, providing similar services such as computing, storage, and machine learning platforms.
International Business Machines
IBM
Mkt Cap255.87B
IBM Cloud offers a wide range of cloud computing services, competing with VNET in both the Chinese market and internationally.
Hewlett Packard Enterprise
HPE
Mkt Cap63.79B
Hewlett Packard Enterprise offers cloud solutions and technology services that compete with VNET, particularly in the enterprise sector.
Oracle
ORCL
Mkt Cap529.57B
Oracle Cloud provides a comprehensive range of cloud services, including SaaS, PaaS, and IaaS, competing with VNET in the cloud computing space.
Equinix
EQIX
Mkt Cap104.13B
Equinix provides global data center and colocation services, competing with VNET in the data center space, offering interconnection and colocation services.
GDS Limited
GDS
Mkt Cap6.52B
GDS Holdings Limited operates data centers in China and competes directly with VNET in providing high-performance data center and cloud services.

About

VNET Group, Inc. operates as an investment holding company, delivering a comprehensive suite of hosting and digital infrastructure services throughout China. Its core offerings encompass managed hosting, featuring services such as colocation – where clients can house their servers and networking equipment within dedicated data center space or by leasing partial or entire cabinets. This is complemented by server administration and interconnectivity solutions. Beyond these fundamental services, VNET provides an array of value-added options, including hybrid IT integration, bare metal server provisions, robust firewall protection, server load balancing, advanced data backup and recovery, as well as extensive data center and server management services. The company also offers cloud computing services, enabling customers to deploy and run applications over the internet utilizing VNET's IT infrastructure, alongside secure VPN services to extend private networks via public internet connections. Operational support from VNET includes operating system maintenance and updates, continuous server monitoring, backup and restoration capabilities, server security evaluations, and disaster recovery planning. Furthermore, the company possesses expertise in data center development, offering services from site selection and planning to the design and construction of both wholesale and retail facilities. VNET caters to a broad and diverse clientele, spanning sectors such as information technology and cloud services, telecommunications carriers, social networking platforms, gaming and entertainment industries, e-commerce businesses, automotive companies, financial services institutions, government agencies, blue-chip enterprises, small-to-mid-sized businesses, and even individual users. As of December 31, 2021, VNET boasted significant operational scale, managing 78,540 cabinets across 40 proprietary data centers and 64 facilities operated in partnership. Established in 1999 and headquartered in Beijing, People's Republic of China, the company was previously known as 21Vianet Group, Inc. before officially rebranding to VNET Group, Inc. in October 2021.
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CEO
Mr. Sheng Chen
Employees
2581
Country
United States
ISIN
US90138A1034

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FAQ

What is VNET Group stock price today?
The current price of VNET is $9.03 USD — it has decreased by -3.32% in the past 24 hours. Watch VNET Group stock price performance more closely on the chart.
What is VNET Group stock ticker?
Depending on the exchange, the stock ticker may vary. For instance, on exchange VNET Group stocks are traded under the ticker VNET.
Is VNET Group stock price growing?
VNET stock has risen by +2.61% compared to the previous week, the month change is a -10.51% fall, over the last year VNET Group has showed a +62.7% increase.
What were VNET Group earnings last quarter?
VNET earnings for the last quarter are -0.06 USD per share, whereas the estimation was 0.01 USD resulting in a -700% surprise. The estimated earnings for the next quarter are N/A USD per share.
What is VNET Group revenue for the last year?
VNET Group revenue for the last year amounts to 2.27B USD.
What is VNET Group net income for the last year?
VNET net income for the last year is 49.94M USD.
How many employees does VNET Group have?
As of June 17, 2026, the company has 2,581 employees.
In which sector is VNET Group located?
VNET Group operates in the Technology sector.
When did VNET Group complete a stock split?
VNET Group has not had any recent stock splits.
Where is VNET Group headquartered?
VNET Group is headquartered in Beijing, United States.