VNET Group

VNET

Market cap $2.9B

BEIJING, Feb. 27, 2026 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced a private placement of 81.0 million newly issued Class A ordinary shares of the Company ("Placement Shares") to certain institutional investors at an offering price of US$1.7 per Placement Share (or US$10.2 per ADS, each representing six Class A ordinary shares) (the "Private Placement"). The Company expects to close the Private Placement on or about March 3, 2026, subject to customary closing conditions.

BEIJING, Feb. 13, 2026 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced the appointment of Mr. Peter Zhihua Zhang as Senior Vice President, Operational Finance, effective immediately.

Investing in China is always fraught with political tensions from the ruling government. Alibaba and Tencent's woes are just two recent examples.

VNET Group, Inc. ( VNET ) Q3 2025 Earnings Call November 20, 2025 7:00 AM EST Company Participants Xinyuan Liu - Head of Director of Investor Ju Ma - Rotating President & GM of AIDC Strategic Business Group Qiyu Wang - Chief Financial Officer Conference Call Participants Yue Tang - Morgan Stanley, Research Division Timothy Zhao - Goldman Sachs Group, Inc., Research Division Huiqun Li - BofA Securities, Research Division Xinyi Wang - UBS Investment Bank, Research Division Shuyun Che - China International Capital Corporation Limited, Research Division Andy Yu - DBS Bank Ltd., Research Division Ethan Zhang - Nomura Securities Co. Ltd.

VNET Group (VNET) came out with quarterly earnings of $0.02 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.06 per share a year ago.

BEIJING , Nov. 20, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2025. "We delivered another strong quarter, demonstrating our strategy's effectiveness in capturing opportunities," said Josh Sheng Chen, Founder, Executive Chairperson and interim Chief Executive Officer of VNET.

BEIJING , Nov. 11, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that it will report its unaudited third quarter 2025 financial results on Thursday, November 20, 2025, before the open of U.S. markets. The Company's management will host an earnings conference call at 7:00 AM U.S. Eastern Time on Thursday, November 20, 2025, or 8:00 PM Beijing Time on Thursday, November 20, 2025.

BEIJING , Nov. 4, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that the Company has successfully issued a holding-type real estate green asset-backed security under its newly-launched private REIT (the "Private REIT Project"), marking a first in China's IDC industry. The Private REIT Project will be listed on the Shanghai Stock Exchange as a standardized security product.

I continue to assign a "Buy" rating to VNET Group after assessing recent disclosures from the company and its client. VNET has secured a new win in Q3 2025, after suffering from an "order drought" in the preceding Q2. Alibaba is ramping up its cloud-related investments for the medium and long term, which should boost VNET's future results.

VNET Group is poised for strong growth, driven by accelerating AI-related demand and robust order momentum from hyperscaler clients. Nearly all new wholesale orders for VNET are AI-focused, highlighting its expertise in high-density deployments and strong relationships with major tech players. Favorable market dynamics, disciplined capital recycling via REIT monetization, and solid execution de-risk VNET's growth outlook and support margin stability.