About VNET Group
VNET Group is a company based in Beijing (China) founded in 1996. The company has 2,580 employees as of December 31, 2024. VNET Group has completed 2 acquisitions, including Beijing Fastweb Technology and DYXnet. VNET Group operates in a competitive market with competitors including UST, NTT DATA, Globant, Genpact and Persistent, among others.
- Headquarter Beijing, China
- Employees 2580 as on 31 Dec, 2024
- Stage Public
-
Sectors
Business ServicesTechnology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
- Legal Name Vnet Group, Inc. Sponsored Adr
-
Annual Revenue
$1.15 B (USD)9.68as on Dec 31, 2024
-
Net Profit
$23.36 M (USD)0as on Dec 31, 2024
-
EBITDA
$361.75 M (USD)65.1as on Dec 31, 2024
-
Latest Funding Round
$299 M (USD), Post-IPO
Dec 28, 2023
- Investors
-
Employee Count
2580
as on Dec 31, 2024
-
Investments & Acquisitions
Beijing Fastweb Technology
& 1 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of VNET Group
VNET Group is a publicly listed company on the NASDAQ with ticker symbol VNET in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of VNET Group
Investors in VNET Group
VNET Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Blackstone.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Diversified investment management is provided across multiple asset classes.
|
Locked | Locked | Locked |
Investor details for VNET Group
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by VNET Group
VNET Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Beijing Fastweb Technology and DYXnet.
Investment portfolio details for VNET Group
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
CDN services are delivered across Asia-Pacific, Europe, and America.
|
Locked | Locked | 2006 | Locked | |
|
Provider of cloud network security and enterprise IT solutions
|
Locked | Locked | 1999 | Locked |
Complete acquisition details for VNET Group
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - VNET Group
Detailed financials for VNET Group
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Vnet Group Comparisons
Peer comparison for VNET Group
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of VNET Group
VNET Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, NTT DATA, Globant, Genpact and Persistent, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
High-quality office furniture is provided by UST for various needs.
|
|
| Locked | Locked | Locked |
Application development, cloud, cybersecurity, and business intelligence services are provided.
|
|
| Locked | Locked | Locked |
IT and digital transformation services are delivered to various industries.
|
|
| Locked | Locked | Locked |
Provider of end-to-end business process outsourcing services
|
|
| Locked | Locked | Locked |
IT consulting, data analytics, and digital transformation services are provided.
|
|
| Locked | Locked | Locked |
Analytics, cybersecurity, and digital transformation services are provided.
|
Detailed competitors of VNET Group
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Vnet Group
Complete news archive for VNET Group
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about VNET Group
VNET Group was founded in 1996 and raised its 1st funding round 24 years after it was founded.
VNET Group is headquartered in Beijing, China.
Samuel Shen is the current CEO of VNET Group.
As of Dec 31, 2024, the latest employee count at VNET Group is 2,580.
Annual revenue of VNET Group is $1.15B as on Dec 31, 2024.
VNET Group was founded in 1996 and is headquartered in Beijing, China. Data center services are offered by the company, focusing on cloud infrastructure and hosting solutions within the information technology sector. Operations are managed across multiple facilities in China, supporting enterprise clients with colocation, connectivity, and managed services. Leadership is provided by CEO Samuel Shen, overseeing expansion in digital infrastructure.
VNET Group's top competitors include Booz Allen Hamilton, Genpact and Persistent.
Yes, VNET Group is publicly traded on NASDAQ under the ticker symbol VNET.
VNET Group has made 2 acquisitions, including Beijing Fastweb Technology, and DYXnet.
VNET Group has 1 investor. Key investors include Blackstone.
The ticker symbol of VNET Group is VNET on NASDAQ.