• $2.4B
    Market Cap
  • 56.88%
    1-Year Change
  • Information Technology Services
    Industry

Key Performance

More
  • Earnings Score: N/A
  • Momentum Score: 50
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

Pomerantz LLP Announces Proposed Class Action Settlement on Behalf of all Persons and Entities that Purchased and/or Otherwise Acquired the American Depositary Shares of VNET Group, Inc. (VNET)

A proposed class action settlement of $5.875 million has been approved by the U.S. District Court for the Southern District of New York on behalf of shareholders who purchased VNET Group, Inc. American Depositary Shares between March 23, 2022 and February 17, 2023. A settlement hearing is scheduled for August 27, 2026, to determine approval of the settlement, plan of allocation, and attorneys' fees.

06/10/2026, 9:00 AM • GlobeNewswire

What's Going On With VNET Stock On Wednesday?

VNET Group shares surged 28.44% on Wednesday following news that PJ Millennium I and II Limited agreed to acquire nearly 650 million shares at $1.44 per share ($8.69 per ADS), giving them approximately 38.1% ownership. The deal is expected to close in Q4 2026 pending shareholder approval. Despite positive company-specific news, broader markets showed mixed performance with the Russell 2000 down 0.33% and S&P 500 up 0.04%.

05/13/2026, 11:30 AM • Benzinga

Infini Capital Dumps 33,000 BIDU Shares for $4.4 Million

Infini Capital Management Ltd fully exited its Baidu position on February 13, 2026, selling 33,399 shares for approximately $4.4 million. The fund reduced its Baidu holdings throughout 2025 before completely liquidating the position. The exit may have been prompted by Baidu's $2.2 billion impairment charge, an 18% yearly drop in advertising revenue, and the fund's broader restructuring that saw it divest nine of its 11 holdings in Q4.

02/13/2026, 5:28 PM • The Motley Fool

Why Vnet Stock Flew Almost 13% Higher on Friday

Chinese data center operator Vnet experienced a significant stock price increase after beating analyst estimates and receiving a price target upgrade from Jefferies, driven by strong quarterly performance and potential in the AI-driven data center market.

08/22/2025, 7:26 PM • The Motley Fool

SDHG's Lead in Electricity-Computing Integration Helps Market Cap Hit HK$100 Billion

Shandong Hi-Speed Holdings Group (SDHG) achieved a market capitalization of over HK$100 billion in 2025 by strategically investing in renewable energy and computing power, positioning itself as a leader in Electricity-Computing Integration for AI infrastructure.

07/29/2025, 12:10 AM • GlobeNewswire

Peers

  • INOD
    Innodata
    $89.27-1.55%
    Market Cap$3.0B
    1-Year Change+91.87%
  • NP
    NEPTUNE INS-A
    $29.75+3.60%
    Market Cap$2.7B
    1-Year Change-10.25%
  • RNG
    RingCentral-A
    $35.41+1.62%
    Market Cap$2.6B
    1-Year Change+31.66%
  • FORTY
    FormulaSyst Sp ADR
    $105.50-2.76%
    Market Cap$1.7B
    1-Year Change+6.61%
  • CNXC
    Concentrix
    $24.50+2.38%
    Market Cap$1.5B
    1-Year Change-52.08%
  • AI
    C3.AI-A
    $9.90+2.11%
    Market Cap$1.4B
    1-Year Change-58.56%
  • DXC
    DXC Technology
    $8.38+1.15%
    Market Cap$1.3B
    1-Year Change-43.40%
  • CLVT
    Clarivate
    $1.93+0.90%
    Market Cap$1.3B
    1-Year Change-52.01%
  • GLOB
    Globant
    $29.33-2.15%
    Market Cap$1.2B
    1-Year Change-66.10%

Statistics

More
Day Range
$8.42
$8.85
$8.55
1-Year Range
$5.45
$14.03
$8.55
Latest Close$8.55
Change
-$0.20 (-2.34%)
Volume6,684,278
Market Cap$2.4B
Shares Outstanding279.6M
P/E (TTM)-53.44
Diluted EPS (TTM)-$0.16
Enterprise Value$3.2B

Information as of 06/22/2026

Company Profile

VNET GROUP INC
https://www.vnet.com
$2.4B
Market Cap
-$251.8M
Net Income
Sector: Technology
Industry: Information Technology Services
Guanjie Building, Beijing, China, 100016
86 10 8456 2121

VNET Group, Inc., an investment holding company, provides data center hosting and related services in China. The company offers managed hosting services comprising managed retail services, such as colocation services that dedicate data center space to house customers' servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; interconnectivity services that allow customers to connect their servers; and value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and standby server services. It also provides cloud services that allow customers to run applications over the internet using IT infrastructure; and VPN services that extend customers' private networks by setting up connections through the public internet. In addition, the company offers server administration services, including operating system support and assistance with updates, server monitoring, server backup and restoration, server security evaluation, firewall services, and disaster recovery services. It serves information technology and cloud services, communications and social networking, gaming and entertainment, e-commerce, automobile, financial services, and blue-chip and small-to-mid-sized enterprises; government agencies; individuals; and telecommunication carriers. The company was formerly known as 21Vianet Group, Inc. and changed its name to VNET Group, Inc. in October 2021. VNET Group, Inc. was founded in 1996 and is headquartered in Beijing, China.

Key Executives

  • Xiaomang Li
  • Xinyuan Liu
  • Wen Teng
  • Xiao Liu
  • Zhihua Zhang

Current Ownership Distribution

  • Institutions1.8B (66.31%)
  • Mutual Funds898.6M (33.60%)
  • Insiders2.5M (0.09%)
  • Other0 (0.00%)