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VNET| Name | Value |
|---|---|
| Revenues | 1,821.7M |
| Cost of Revenue | 1,479.0M |
| Gross Profit | 342.7M |
| Operating Expense | 249.5M |
| Operating I/L | 93.3M |
| Other Income/Expense | -318.3M |
| Interest Income | 10.0M |
| Pretax | -226.0M |
| Income Tax Expense | 12.5M |
| Net Income/Loss | -232.9M |
VNET Group, Inc. is an investment holding company in China that specializes in providing a range of hosting and related services. Its offerings include managed hosting services such as colocation, server administration, interconnectivity, value-added services, cloud services, and VPN services. The company also provides operating system support, disaster recovery services, and site selection and construction services for data centers. VNET Group serves a diverse client base, including information technology, cloud services, communications, gaming, e-commerce, financial services, and government agencies. With 40 self-built data centers and 64 partnered data centers, the company manages 78,540 cabinets, generating revenue through its hosting and related service offerings.
