VNET Group, Inc.

VNET

US90138A1034

IT Services & Consulting

Market Closed - Nasdaq Other stock markets 01:30:00 22/06/2024 am IST			5-day change	1st Jan Change
2.05 ^USD	+0.49%		-8.89%	-28.57%

03/06	Asian Equities Traded in the US as American Depositary Receipts Open Week Higher in Monday Trading	MT
30/05	Asian Equities Traded in the US as American Depositary Receipts Rise in Thursday Trading	MT

Matrix Origin Information Technology Co., Ltd. announced that it has received funding from VNET Group, Inc., Honour Base (Hong Kong) Holdings Limited

May 17, 2024

Matrix Origin (Shenzhen) Information Technology Co., Ltd. announced that it has raised tens of millions of yuan in a round of funding led by new investor VNET Group, Inc. on May 17, 2024. The transaction included participation from new investor Honour Base (Hong Kong) Holdings Limited

Latest news about VNET Group, Inc.

Asian Equities Traded in the US as American Depositary Receipts Open Week Higher in Monday Trading	03/06	MT
Asian Equities Traded in the US as American Depositary Receipts Rise in Thursday Trading	30/05	MT
VNET Group, Inc. Reaffirms Earnings Guidance for the Year 2024	30/05	CI
Transcript : VNET Group, Inc., Q1 2024 Earnings Call, May 29, 2024	30/05
VNET Groups Swings to Q1 Loss, Revenue Rises	30/05	MT
VNET Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	30/05	CI
Asian Equities Traded in the US as American Depositary Receipts Open Week Higher	20/05	MT
Matrix Origin Information Technology Co., Ltd. announced that it has received funding from VNET Group, Inc., Honour Base (Hong Kong) Holdings Limited	17/05	CI
Asian Equities Traded in the US as American Depositary Receipts Rise in Friday Trading But End Week 1% Lower	10/05	MT
Asian Equities Traded in the US as American Depositary Receipts Trend Lower Thursday	09/05	MT
Asian Equities Traded in the US as American Depositary Receipts Rise Sharply in Thursday Trading	02/05	MT
Asian Equities Traded in the US as American Depositary Receipts Open Week on Flat Note in Monday Trading	29/04	MT
Vnet Group Chief Executive Jeff Dong Resigns	23/04	MT
VNET Group, Inc. Announces CEO Changes	23/04	CI
Asian Equities Traded in the US as American Depositary Receipts Nudge Higher in Friday Trading, End Week Lower	05/04	MT
Asian Equities Traded in the US as American Depositary Receipts Fall in Tuesday Trading	02/04	MT
Asian Equities Traded in the US as American Depositary Receipts Open Week Higher in Monday Trading	01/04	MT
Transcript : VNET Group, Inc., Q4 2023 Earnings Call, Mar 27, 2024	28/03
Vnet Group Q4 Loss Widens, Revenue Rises; 2024 Revenue Outlook Set	28/03	MT
VNET Group, Inc. Reports Unaudited Consolidated Impairment Charges for the Fourth Quarter Ended December 31, 2023	28/03	CI
VNET Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	28/03	CI
VNET Group, Inc. Provides Earnings Guidance for the Full Year 2024	28/03	CI
VNET Group, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	28/03	CI
Asian Equities Traded in the US as American Depositary Receipts Lower in Thursday Trading	14/03	MT
Bank Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Lower in Monday Trading	11/03	MT

Chart VNET Group, Inc.

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Company Profile

VNET Group Inc, formerly 21Vianet Group Inc, is a carrier-neutral Internet data center services provider. The Company hosts its customers' servers and networking equipment and provides interconnectivity. The Company also provides managed network services to enable customers to deliver data across the Internet through its data transmission network and smart routing technology. The Company provides value-added services, such as content delivery network services, virtual private network services and last-mile wired broadband services. It offers public cloud services, private cloud and hybrid services. The Company also offers container-based data center service. The Company's service offerings include hosting and related services, and managed network services. The Company provides hosting and related services to house servers and networking equipment in its data centers and connects them through its data transmission network, and offers other hosting related value-added services.

Sector

IT Services & Consulting

Calendar

21/08/2024 - Q2 2024 Earnings Release (Projected)

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Ratings for VNET Group, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

14.88 CNY

Average target price

25.7 CNY

Spread / Average Target

+72.65%

Consensus

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Quarterly earnings - Rate of surprise

Company calendar

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Other IT Services & Consulting

VNET Group, Inc.

Equities

VNET

US90138A1034

IT Services & Consulting

Matrix Origin Information Technology Co., Ltd. announced that it has received funding from VNET Group, Inc., Honour Base (Hong Kong) Holdings Limited

EPS Revisions