Stock

VNET Group Inc. - ADR

000.00
0.00 / 0.00%
00:00:00
52 week range
0000.00 000.00
Symbol VNET:xnas
Currency USD
united-states
NASDAQ (Small cap)
Open Closed
15 minutes delayed
Data provided by Cboe Global Markets
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About VNET Group Inc. - ADR

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 June 2025, it had 51,960 retail cabinets with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 674 MW of wholesale capacity in service with a further 326 MW under construction and a further 792 MW held for future development.

Sector Technology
Industry -
Market Cap 2bn
Data provided by FactSet Research Systems / Morningstar

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