VNET Group 

$7.65
104
+$0.04+0.59% 15:19 Today

Statistics

Day High
7.82
Day Low
7.58
52W High
14.48
52W Low
6.17
Volume
194,320
Avg. Volume
-
Mkt Cap
2.18B
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

-2.52%Profit Margin
Unprofitable
2020
2021
2022
2023
2024
2025
1.41BRevenue
-35.48MNet 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 Cap296.76B
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 Cap533.89B
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 Cap2.83T
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 Cap3.68T
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 Cap4.23T
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 Cap220.76B
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 Cap77.74B
Hewlett Packard Enterprise offers cloud solutions and technology services that compete with VNET, particularly in the enterprise sector.
Oracle
ORCL
Mkt Cap433.57B
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 Cap108.75B
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 Cap6.89B
GDS Holdings Limited operates data centers in China and competes directly with VNET in providing high-performance data center and cloud services.

About

VNET started as AsiaCloud in 1999 and moved into the data center business, opening its first self-developed data center 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 December 2025, it had 49,863 retail cabinets, with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 889 MW of wholesale capacity in service, with a further 452 MW under construction and a further 840 MW held for future development.
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CEO
Sheng Chen
Employees
2581
Country
China
ISIN
US90138A1034
WKN
000A1H9DT

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FAQ

What is VNET Group stock price today?
The current price of VNET is $7.65 USD — it has increased by +0.59% 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 XNAS exchange VNET Group stocks are traded under the ticker VNET.
Is VNET Group stock price growing?
VNET stock has risen by +2.34% compared to the previous week, the month change is a +3.59% rise, over the last year VNET Group has showed a -1.48% decrease.
What is VNET Group market cap?
Today VNET Group has the market capitalization of 2.18B
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 1.41B USD.
What is VNET Group net income for the last year?
VNET net income for the last year is -35.48M USD.
How many employees does VNET Group have?
As of August 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, China.