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VNET

VNET Group, Inc.

NASDAQ · Technology · Information Technology Services · CN

$6.31
+2.56%
Ask drillr
Price chart
Aug 6Aug 11Aug 14Aug 19Aug 24Aug 27Sep 1Sep 4
P/E (Fwd)
65.6x
EV/EBITDA
11.2x
Market Cap
$1.80B
RSI (14)
39.7
1D Return
+2.56%
YTD Return
−26.54%
SummaryUpdated Jun 1, 2026

VNET Group, Inc. (NASDAQ:VNET) is a leading data center services provider in China, founded in 1999 and headquartered in Beijing. Originally established as 21Vianet Group, Inc., the company rebranded to VNET Group in October 2021. VNET has evolved from a traditional hosting services provider into one of China's largest independent data center operators, capitalizing on the country's rapid digital transformation and growing demand for cloud computing infrastructure. The company went public on NASDAQ in April 2011 and has since expanded its operations to manage over 100 data centers across China, serving a diverse customer base ranging from internet giants and cloud service providers to enterprises and government agencies.

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