VNET Group, Inc.
Business
VNET Group, Inc. is a carrier-neutral, cloud-neutral internet infrastructure company that provides data center services in China. It offers managed hosting, colocation, wholesale data center development, cloud services delivered through partnerships, and enterprise VPN/SD-WAN solutions. Its operations are organized into retail IDC (cabinet-level colocation and managed hosting), wholesale IDC (custom-built, large-scale data center sites) and non-IDC value-added services such as cloud and VPN offerings. The company serves customers across China with a nationwide interconnected data center and network of points-of-presence.
Summary from filing dated 2025-04-25
Financials
Latest annual snapshot (FY2025, period end 2025-12-31). Full statement history unavailable for this entity.
| Revenue | — |
| Net income | $-36.01M |
| Total assets | $6.38B |
| Total liabilities | $5.15B |
| Stockholders' equity | $889.23M |
| Operating cash flow | $274.35M |