VNET Group, Inc. American Depositary Shares
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VNET Company Description
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 end-December 2023 it had 89,357 self-built cabinets with the majority in Beijing, Shanghai, and the Greater Bay area. It also operated partnered data centers with around 4,240 cabinets and had 476 MW of wholesale capacity contracted or under a memorandum of understanding.
VNET Stock Smart Score
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The Smart Score grades stocks on a scale of 1 (weakest) to 10 (strongest) based on the strength of the underlying data.
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VNET Company Description
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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 end-December 2023 it had 89,357 self-built cabinets with the majority in Beijing, Shanghai, and the Greater Bay area. It also operated partnered data centers with around 4,240 cabinets and had 476 MW of wholesale capacity contracted or under a memorandum of understanding. Show Less
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Government
Consumer Interest
SEC Filings
ESG/Other
Recent trades of VNET by members of U.S. Congress
Recently reported changes by institutional investors
Quarterly net insider trading by VNET's directors and management
Government lobbying spending instances
U.S. Patents
New patents grants
Government Contracts
Federal grants, loans, and purchases
Twitter
Followers on VNET's company Twitter account
WallStreetBets
Number of mentions of VNET in WallStreetBets Daily Discussion
VNET News
Recent insights relating to VNET
CNBC Recommendations
Recent picks made for VNET stock on CNBC
Top ETF Holders
ETFs with the largest estimated holdings in VNET
Corporate Flights
Flights by private jets registered to VNET
Our Analysis