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VNET Group, Inc. (VNET)

Sector: Services-Computer Programming, Data Processing, Etc. · Industry: Information Technology Services · Exchange: Nasdaq

About VNET Group, Inc.

VNET Group, Inc., an investment holding company, provides data center hosting and related services in China. The company offers managed hosting services comprising managed retail services, such as colocation services that dedicate data center space to house customers' servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; interconnectivity services that allow customers to connect their servers; and value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and standby server services. It also provides cloud services that allow customers to run applications over the internet using IT infrastructure; and VPN services that extend customers' private networks by setting up connections through the public internet. In addition, the company offers server administration services, including operating system support and assistance with updates, server monitoring, server backup and restoration, server security evaluation, firewall services, and disaster recovery services. It serves information technology and cloud services, communications and social networking, gaming and entertainment, e-commerce, automobile, financial services, and blue-chip and small-to-mid-sized enterprises; government agencies; individuals; and telecommunication carriers. The company was formerly known as 21Vianet Group, Inc. and changed its name to VNET Group, Inc. in October 2021. VNET Group, Inc. was founded in 1996 and is headquartered in Beijing, China.

Headquarters: Beijing · Employees: 2784 · Website: https://www.vnet.com

Related Macro Trends

  • Data Center Buildout

Product categories

  • Data Center Infrastructure
  • Hyperscalers

Supply-chain relationships for VNET

  • China Mobile Limited (ADR: CHL) (CHL) — supplier
  • China United Network Communications Group Co., Ltd. (CHU) — supplier
  • Chagee Holdings Ltd. (CHA) — supplier
  • Kingsoft Cloud Holdings Ltd (KC) — supplier
  • Baidu, Inc. (BIDU) — customer
  • Kingsoft Cloud Holdings Ltd (KC) — customer
  • Blackstone Inc. (BX) — partner
  • JD.com, Inc. (JD) — customer
  • Alibaba Group Holding Ltd (BABA) — customer
  • Alibaba Group Holding Ltd (BABA) — supplier
  • MICROSOFT CORP (MSFT) — partner

Competitors of VNET Group, Inc.

  • Alphabet Inc. (GOOGL)
  • MICROSOFT CORP (MSFT)
  • AMAZON COM INC (AMZN)
  • Meta Platforms, Inc. (META)
  • Tencent Holdings Limited (0700.HK)
  • ORACLE CORP (ORCL)
  • Alibaba Group Holding Ltd (BABA)
  • Delta Electronics (2308.TW)
  • Vertiv Holdings Co (VRT)
  • Hamamatsu Photonics K.K. (6701.T)
  • Fujitsu Limited (6702.T)
  • Wiwynn Corp. (6669.TW)

Frequently asked questions about VNET Group, Inc. (VNET)

What is VNET Group, Inc. (VNET)?

VNET Group, Inc. (VNET) is a publicly traded company in the Services-Computer Programming, Data Processing, Etc. sector (Information Technology Services), listed on Nasdaq. Macroplane maps its supply-chain relationships, suppliers, buyers, financial health, and competitive positioning.

Who are VNET Group, Inc.'s key suppliers and customers?

Macroplane tracks VNET Group, Inc.'s (VNET) supply chain. Key suppliers include China Mobile Limited (ADR: CHL) (CHL), China United Network Communications Group Co., Ltd. (CHU), Chagee Holdings Ltd. (CHA), Kingsoft Cloud Holdings Ltd (KC). Key customers include Baidu, Inc. (BIDU), JD.com, Inc. (JD), Alibaba Group Holding Ltd (BABA).

Who are VNET Group, Inc.'s main competitors?

Competitors of VNET Group, Inc. (VNET) tracked by Macroplane include Alphabet Inc. (GOOGL), MICROSOFT CORP (MSFT), AMAZON COM INC (AMZN), Meta Platforms, Inc. (META), Tencent Holdings Limited (0700.HK), ORACLE CORP (ORCL), Alibaba Group Holding Ltd (BABA), Delta Electronics (2308.TW), and 4 more.

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