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ALL
Market cap
$1.06B
EPS
0.02
P/E ratio
--
Price to sales
--
Dividend yield
--
Beta
0.231413
Previous close
$3.77
Today's open
$3.80
Day's range
$3.52 - $3.80
52 week range
$3.52 - $14.48
show more
CEO
Sheng Chen
Employees
2581
Headquarters
Beijing,
Exchange
Nasdaq Global Select
Shares outstanding
284828460
Issue type
American Depository Receipt
Technology
Software & IT Services
VNET Announces Repurchase of 30% of Its Convertible Senior Notes due 2027
BEIJING, Oct. 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 that it has repurchased approximately US$75.3 million in aggregate principal amount of its outstanding US$250.0 million 2.00% Convertible Senior Notes due 2027 (the "Notes"), representing approximately 30% of the outstanding Notes. The repurchases were effected through privately negotiated transactions for an aggregate cash consideration (including accrued interest) of approximately US$80.0 million (the "Repurchases").
PRNewsWire • Oct 27, 2026

VNET Group Stock Surges Monday: What's Going On?
VNET Group Inc. (NASDAQ:VNET) shares are trading higher Monday afternoon after the Chinese internet data center provider finalized a secondary share transfer to a strategic investment partnership.
Benzinga • Sep 21, 2026

VNET Announces Closing of Previously Announced Strategic Investment
BEIJING, Sept. 21, 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 closing of the previously announced purchase by PJ Millennium I Limited ("Buyer I") and PJ Millennium II Limited ("Buyer II," and together with Buyer I, the "Buyers") of an aggregate of 650,424,192 Class A ordinary shares of the Company (the "Transaction") from Success Flow International Investment Limited ("Success Flow") and Choice Faith Group Holdings Limited ("Choice Faith," and together with Success Flow, the "Sellers").
PRNewsWire • Sep 21, 2026

3 China-Based Stocks Options Traders Are Targeting
VNET Group Inc (NASDAQ:VNET) is seeing particularly heavy options volume today, with 137,000 contracts traded so far, or 15.4 times the intraday average.
Schaeffers Research • Sep 21, 2026

VNET Group: Solid Wholesale Execution Overshadowed By Balance Sheet Reality
VNET Group remains rated Neutral as the market shifts focus from event-driven catalysts to fundamentals amid uncertainty around the CATL transaction. Despite strong wholesale IDC demand and recurring revenue, higher capex, negative free cash flow, and rising leverage weigh on VNET's valuation and sentiment. The CATL deal's closure, expected Q4, is critical; delays or regulatory hurdles could exacerbate downside risk given VNET's balance sheet pressures.
Seeking Alpha • Aug 19, 2026

VNET Group Q2 Earnings Call Highlights
VNET Group NASDAQ: VNET reported second-quarter 2026 revenue growth driven by its wholesale internet data center business, while management said demand for AI computing infrastructure continued to support new orders, capacity expansion and longer-term customer reservations.
MarketBeat • Aug 18, 2026

VNET Group, Inc. (VNET) Q2 2026 Earnings Call Transcript
VNET Group, Inc. (VNET) Q2 2026 Earnings Call Transcript
Seeking Alpha • Aug 18, 2026

VNET Reports Unaudited Second Quarter 2026 Financial Results
BEIJING, Aug. 18, 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 its unaudited financial results for the second quarter ended June 30, 2026. Second Quarter 2026 Financial Highlights Total net revenues increased by 14.2% year-over-year to RMB2.78 billion (US$409.5 million) in the second quarter of 2026 (2Q2025: RMB2.43 billion).
PRNewsWire • Aug 18, 2026

VNET Announces Strategic Cooperation with CATL
BEIJING, Aug. 18, 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 that it has entered into a strategic cooperation agreement (the "Strategic Cooperation Agreement") with Contemporary Amperex Technology Co., Limited (stock codes: 300750.SZ and 03750.HK) ("CATL"), a global leader in zero-carbon new energy technology. Under the Strategic Cooperation Agreement, VNET and CATL will establish a partnership to deepen compute-energy integration by synergistically combining VNET's leadership in large‑scale computing infrastructure development and operations with CATL's expertise in zero‑carbon new energy technologies.
PRNewsWire • Aug 18, 2026

VNET to Announce Unaudited Second Quarter 2026 Financial Results on August 18, 2026
BEIJING, Aug. 4, 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 that it will report its unaudited second quarter 2026 financial results on Tuesday, August 18, 2026, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, August 18, 2026, or 8:00 PM Beijing Time on Tuesday, August 18, 2026.
PRNewsWire • Aug 4, 2026

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