VNET Group

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About VNET

VNET Group, Inc. operates as a carrier- and cloud-neutral internet data center services provider in China. It provides hosting and related services, including IDC services, cloud services, and business VPN services, to improve the reliability, security, and speed of its customers' internet infrastructure.

CEO

Sheng Chen

CEOSheng Chen

Employees

2,784

Employees2,784

Headquarters

Beijing, Beijing

HeadquartersBeijing, Beijing

Founded

1999

Founded1999

Employees

2,784

Employees2,784

VNET Key Statistics

Market cap

3.08B

Market cap3.08B

Price-Earnings ratio

-78.61

Price-Earnings ratio-78.61

Dividend yield

—

Dividend yield—

Average volume

11.59M

Average volume11.59M

High today

$12.02

High today$12.02

Low today

$9.70

Low today$9.70

Open price

$11.05

Open price$11.05

Volume

64.06M

Volume64.06M

52 Week high

$14.48

52 Week high$14.48

52 Week low

$5.15

52 Week low$5.15

VNET News

Nasdaq 9h

Stock Market Today, May 13: VNET Surges After CATL-Linked Buyers Agree to 38% Stake Purchase

Vnet Group (NASDAQ:VNET), a provider of data center hosting and related services in China, closed Wednesday at $11.28, up 25.06%. The stock surged after news of...

TipRanks 12h

VNET Group rises 30.7%

VNET Group (VNET) is up 30.7%, or $2.77 to $11.79. Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-perfo...

TipRanks 15h

VNET Group announce share purchase agreement

VNET Group (VNET) announced that PJ Millennium I Limited and PJ Millennium II Limited have entered into a share purchase agreement with Success Flow Internation...

Analyst ratings

93%

of 14 ratings

Buy

92.9%

Hold

Sell

7.1%

More VNET News

Benzinga 16h

What's Going On With VNET Stock On Wednesday?

Shares of VNET Group, Inc. (NASDAQ:VNET) are trading higher on Wednesday, following news of new strategic investors entering the company. The stock’s movement...

TipRanks 18h

This Is Why VNET Group Stock Rallied Today

VNET Group (VNET) stock underwent a massive rally on Wednesday after the Chinese internet data center services provider announced new strategic investors. The c...

TipRanks 19h

VNET Brings In PJ Millennium as Strategic Investor in Major Share Purchase Deal

Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of mark...

Simply Wall St 3d

VNET Group Is Up 7.8% After Discounted Equity Sale And CFO Exit News – Has The Bull Case Changed?

VNET Group recently announced a US$137.7 million follow-on equity offering at a steep discount and confirmed the past resignation of CFO Qiyu Wang, moves that h...

Simply Wall St 5d

Is VNET Group (NasdaqGS:VNET) Undervalued After Mixed Recent Share Price Performance

Advertisement Recent performance snapshot for VNET Group (NasdaqGS:VNET) With no single headline event driving attention, VNET Group (NasdaqGS:VNET) is back o...

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