Vnet announces joint venture with a sovereign wealth fund to develop and operate build-to-suit hyperscale data centers in china

Beijing, dec. 13, 2021 (globe newswire) -- 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 signed a master joint venture investment agreement (the "master agreement") with a sovereign wealth fund (the "partner") to form joint ventures (the "jvs") to pursue development and investment opportunities in multiple build-to-suit hyperscale data center projects in china.
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