VNET Announces Change to Board Composition
- BEIJING , July 30, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced the resignation of Mr. Erhfei Liu as an independent director of the Company's board of directors (the "Board"), effective July 24, 2024.
- 07/30/2024
|
3 Internet Services Stocks to Beat Earnings Estimates in Q2
- Here, we take a sneak peek into how these three internet services stocks - SHOP, UBER and VNET - are poised ahead of their earnings releases.
- 07/25/2024
|
VNET or AKAM: Which Is the Better Value Stock Right Now?
- Investors interested in stocks from the Internet - Services sector have probably already heard of 21Vianet (VNET) and Akamai Technologies (AKAM). But which of these two stocks is more attractive to value investors?
- 07/16/2024
|
VNET Recognized in S&P Global's Sustainability Yearbook 2024 (China) for Second Consecutive Year
- BEIJING , July 16, 2024 /PRNewswire/ -- 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 its exceptional ESG (Environmental, Social, and Governance) performance was highlighted in S&P Global's Sustainability Yearbook 2024 (China). Notably, VNET received the highest S&P Global ESG score among its Chinese peers in the IT services industry and was the industry's only participant to be included in the Yearbook (China) for two consecutive years.
- 07/16/2024
|
VNET Announces Receipt of Withdrawal of Non-binding Offer by Mr. Josh Sheng Chen and Termination of Discussion on Potential Going-Private Transactions
- BEIJING , July 11, 2024 /PRNewswire/ -- 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 the special committee of the Company's board of directors (the "Special Committee") received a letter dated July 10, 2024 from Mr. Josh Sheng Chen ("Mr.
- 07/11/2024
|
VNET Announces Certain Updates Regarding the Refinancing of the Founder's Personal Loan
- BEIJING , July 8, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced the refinancing of the margin loan facility provided by Bold Ally (Cayman) Limited (the "Bold Ally Loan") to Mr. Josh Sheng Chen ("Mr.
- 07/08/2024
|
VNET Group Inc. (VNET) Q1 2024 Earnings Call Transcript
- VNET Group Inc. (NASDAQ:VNET ) Q1 2024 Results Conference Call May 30, 2024 9:00 PM ET Company Participants Xinyuan Liu - Director of Investor Relations Sheng Chen - Co-Founder, Executive Co-Chairman & Interim CEO Qiyu Wang - Chief Financial Officer Conference Call Participants Edison Lee - Jefferies Yang Liu - Morgan Stanley Daley Li - Bank of America Securities Timothy Zhao - Goldman Sachs Operator Hello, ladies and gentlemen. Thank you for standing by for the First Quarter 2024 Earnings Conference Call for VNET Group, Inc. [Operator Instructions] Management from our management today include Mr.
- 05/30/2024
|
VNET Reports Unaudited First Quarter 2024 Financial Results
- BEIJING , May 29, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2024. "2024 is off to a promising start thanks to continued strong execution of our dual-core, high-quality development strategy during the first quarter," said Josh Sheng Chen, Founder, Co-chairperson and interim Chief Executive Officer of VNET.
- 05/29/2024
|
21Vianet (VNET) Could Find a Support Soon, Here's Why You Should Buy the Stock Now
- After losing some value lately, a hammer chart pattern has been formed for 21Vianet (VNET), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
- 05/23/2024
|
VNET to Announce Unaudited First Quarter 2024 Financial Results on May 29, 2024
- BEIJING , May 22, 2024 /PRNewswire/ -- 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 will report its unaudited first quarter 2024 financial results on Wednesday, May 29, 2024, after the close of U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Wednesday, May 29, 2024, or 9:00 AM Beijing Time on Thursday, May 30, 2024.
- 05/22/2024
|
VNET Publishes 2023 Environment, Social and Governance Report
- BEIJING , April 26, 2024 /PRNewswire/ -- 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 published its 2023 Environmental, Social and Governance Report (the "2023 ESG Report"), detailing the Company's 2023 endeavors and progress in sustainability, green business practices, ethical governance, digital empowerment, and social responsibility. "ESG is a life-long journey, and I am proud of the foundation VNET has built since inception to support our sustainable development," said Josh Sheng Chen, Founder, Co-chairperson and interim Chief Executive Officer of VNET.
- 04/26/2024
|
VNET Files Its Annual Report on Form 20-F for Fiscal Year 2023
- BEIJING, April 26, 2024 /PRNewswire/ -- 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 filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the "SEC") on April 25, 2024 Eastern Time. The annual report on Form 20-F, which contains the Company's audited consolidated financial statements, can be accessed on the SEC's website at http://www.sec.gov and on the Company's investor relations website at https://ir.vnet.com/.
- 04/26/2024
|
VNET Announces Changes to Leadership Team
- BEIJING , April 22, 2024 /PRNewswire/ -- 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 Mr. Jeff Dong has resigned from his position as the Company's Chief Executive Officer due to personal reasons.
- 04/22/2024
|
VNET Group, Inc. (VNET) Q4 2023 Earnings Call Transcript
- VNET Group, Inc. (VNET) Q4 2023 Earnings Call Transcript
- 03/28/2024
|
VNET Reports Unaudited Fourth Quarter and Full Year 2023 Financial Results
- BEIJING , March 27, 2024 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. "Throughout 2023, we strongly executed our effective dual-core strategy amid the steady economic recovery, ending the year on a solid note," said Jeff Dong, Chief Executive Officer of VNET.
- 03/27/2024
|
VNET or DASH: Which Is the Better Value Stock Right Now?
- Investors interested in Internet - Services stocks are likely familiar with 21Vianet (VNET) and DoorDash, Inc. (DASH). But which of these two stocks offers value investors a better bang for their buck right now?
- 03/21/2024
|
VNET or DASH: Which Is the Better Value Stock Right Now?
- Investors looking for stocks in the Internet - Services sector might want to consider either 21Vianet (VNET) or DoorDash, Inc. (DASH). But which of these two stocks offers value investors a better bang for their buck right now?
- 03/21/2024
|
VNET to Announce Unaudited Fourth Quarter and Full Year 2023 Financial Results on March 27, 2024
- BEIJING , March 14, 2024 /PRNewswire/ -- 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 will report its unaudited fourth quarter and full year 2023 financial results on Wednesday, March 27, 2024, after the close of U.S. markets. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Wednesday, March 27, 2024, or 9:00 AM Beijing Time on Thursday, March 28, 2024.
- 03/14/2024
|
VNET LAWSUIT ALERT: Levi & Korsinsky Notifies VNET Group, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
- NEW YORK, NY / ACCESSWIRE / February 26, 2024 / If you suffered a loss on your VNET Group, Inc. (NASDAQ:VNET) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/vnet-group-inc-lawsuit-submission-form?prid=68204&wire=1 or contact Joseph E. Levi, Esq.
- 02/26/2024
|
Levi & Korsinsky Notifies Shareholders of VNET Group, Inc.(VNET) of a Class Action Lawsuit and an Upcoming Deadline
- NEW YORK, NY / ACCESSWIRE / February 26, 2024 / If you suffered a loss on your VNET Group, Inc. (NASDAQ:VNET) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/vnet-group-inc-lawsuit-submission-form?prid=68168&wire=1 or contact Joseph E. Levi, Esq.
- 02/26/2024
|
Shareholders that lost money on VNET Group, Inc. (VNET) should contact Levi & Korsinsky about pending Class Action - VNET
- NEW YORK, NY / ACCESSWIRE / February 26, 2024 / If you suffered a loss on your VNET Group, Inc. (NASDAQ:VNET) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/vnet-group-inc-lawsuit-submission-form?prid=68145&wire=1 or contact Joseph E. Levi, Esq.
- 02/26/2024
|
VNET DEADLINE TODAY: ROSEN, A LEADING LAW FIRM, Encourages VNET Group, Inc. Investors to Secure Counsel Before Important February 26 Deadline in Securities Class Action – VNET
- NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of VNET Group, Inc. (NASDAQ: VNET) between April 8, 2022 and February 15, 2023, both dates inclusive (the “Class Period”), of the important February 26, 2024 lead plaintiff deadline. SO WHAT: If you purchased VNET securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO.
- 02/26/2024
|
Class Action Filed Against VNET Group, Inc. (VNET) Seeking Recovery for Investors - Contact Levi & Korsinsky
- NEW YORK, NY / ACCESSWIRE / February 26, 2024 / If you suffered a loss on your VNET Group, Inc. (NASDAQ:VNET) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/vnet-group-inc-lawsuit-submission-form?prid=68130&wire=1 or contact Joseph E. Levi, Esq.
- 02/26/2024
|
Levi & Korsinsky Reminds VNET Group, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 26, 2024 - VNET
- NEW YORK, NY / ACCESSWIRE / February 24, 2024 / If you suffered a loss on your VNET Group, Inc. (NASDAQ:VNET) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/vnet-group-inc-lawsuit-submission-form?prid=68005&wire=1 or contact Joseph E. Levi, Esq.
- 02/24/2024
|
VNET DEADLINE NOTICE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages VNET Group, Inc. Investors with Losses to Secure Counsel Before Important February 26 Deadline in Securities Class Action - VNET
- NEW YORK , Feb. 24, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of VNET Group, Inc. (NASDAQ: VNET) between April 8, 2022 and February 15, 2023, both dates inclusive (the "Class Period"), of the important February 26, 2024 lead plaintiff deadline. SO WHAT: If you purchased VNET securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
- 02/24/2024
|
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of February 26, 2024 in VNET Lawsuit - VNET
- NEW YORK, NY / ACCESSWIRE / February 23, 2024 / If you suffered a loss on your VNET Group, Inc. (NASDAQ:VNET) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/vnet-group-inc-lawsuit-submission-form?prid=67943&wire=1 or contact Joseph E. Levi, Esq.
- 02/23/2024
|
The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against VNET Group, Inc. (VNET)
- LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming February 26, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired VNET Group, Inc. (“VNET” or the “Company”) (NASDAQ: VNET) securities between April 8, 2022 and February 15, 2023, inclusive (the “Class Period”). If you are a shareholder who suffered a loss, click here to participate. In August 2021, VNET's co-founder, Josh Sheng Chen, and his co.
- 02/23/2024
|
Contact Levi & Korsinsky by February 26, 2024 Deadline to Join Class Action Against VNET Group, Inc. (VNET)
- NEW YORK, NY / ACCESSWIRE / February 23, 2024 / If you suffered a loss on your VNET Group, Inc. (NASDAQ:VNET) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/vnet-group-inc-lawsuit-submission-form?prid=67923&wire=1 or contact Joseph E. Levi, Esq.
- 02/23/2024
|
MONDAY DEADLINE: Berger Montague Advises VNET Group, Inc. (NASDAQ: VNET) Investors to Inquire About a Securities Fraud Class Action by February 26, 2024
- PHILADELPHIA , Feb. 23, 2024 /PRNewswire/ -- Berger Montague advises investors that a securities fraud class action lawsuit has been filed against VNET Group, Inc. ("VNET") (NASDAQ: VNET) on behalf of purchasers of VNET securities between April 8, 2022 and February 15, 2023, inclusive (the "Class Period") . CLICK HERE TO LEARN MORE ABOUT THIS LAWSUIT.
- 02/23/2024
|
Levi & Korsinsky Reminds VNET Group, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of February 26, 2024 - VNET
- NEW YORK , Feb. 23, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in VNET Group, Inc. ("VNET" or the "Company") (NASDAQ: VNET) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of VNET investors who were adversely affected by alleged securities fraud between April 8, 2022 and February 15, 2023.
- 02/23/2024
|
VNET Group, Inc. (VNET) Q3 2023 Earnings Call Transcript
- VNET Group, Inc. (NASDAQ:VNET ) Q3 2023 Earnings Conference Call November 15, 2023 8:00 PM ET Company Participants Xinyuan Liu - IRO Jeff Dong - CEO Qiyu Wang - CFO Conference Call Participants Yang Liu - Morgan Stanley Charlie Bai - Jefferies Timothy Zhao - Goldman Sachs Daley Li - Bank of America Securities Operator Hello, ladies and gentlemen. Thank you for standing by for standing by for the Third Quarter 2023 Earnings Conference Call for VNET Group, Inc. At this time all participants are in listen-only mode.
- 11/16/2023
|
VNET Group: Mixed Signals From Peer's Takeover Offer (Rating Downgrade)
- Bain Capital's takeover offer for VNET Group's peer Chindata lends support to the argument that worldwide and Chinese data center markets have significant growth potential. However, the implied EV/EBITDA valuation multiple relating to Bain Capital's offer price isn't that appealing, and this limits the valuation expansion potential for other listed data center companies like VNET Group. I am lowering my rating for VNET Group stock to a hold, in view of the mixed signals emerging from the proposed buyout offer for its peer.
- 06/12/2023
|
VNET Group, Inc. (VNET) Q1 2023 Earnings Call Transcript
- VNET Group, Inc. (NASDAQ:VNET ) Q1 2023 Earnings Conference Call May 24, 2023 9:00 PM ET Company Participants Xinyuan Liu - Director, IR Jeff Dong - CEO Tim Chen - CFO Conference Call Participants Yang Liu - Morgan Stanley Edison Lee - Jefferies Ethan Zhang - Nomura Securities Jasmine Huang - UBS Operator Hello, ladies and gentlemen. Thank you for standing by for First Quarter 2023 Earnings Conference Call for VNET Group Inc. [Operator Instructions].
- 05/25/2023
|
VNET Group, Inc. (VNET) Q4 2022 Earnings Call Transcript
- VNET Group, Inc. (NASDAQ:VNET ) Q4 2022 Earnings Conference Call March 21, 2023 9:00 PM ET Company Participants Xinyuan Liu - Investor Relations Jeff Dong - Chief Executive Officer Tim Chen - Chief Financial Officer Conference Call Participants Yang Liu - Morgan Stanley Sara Wang - UBS Edison Lee - Jefferies Operator Hello, ladies and gentlemen. Thank you for standing by for the Fourth Quarter and Full Year 2022 Earnings Conference Call for VNET Group Inc. [Operator Instructions] Participants from our management include Mr.
- 03/21/2023
|
VNET Group: Focus On SOE Partnership And Undemanding Valuations
- VNET Group's peer valuation comparison and the recent buyout offers for the company lend support to the thesis that its shares are undervalued. Even assuming that the privatization offers aren't successful, VNET Group's recent partnership with a state-owned enterprise suggests that the company's mid-to-long term growth prospects are bright.
- 01/14/2023
|
Daniel Loeb Ups Global Blue Bet
- Third Point's Daniel Loeb (Trades, Portfolio) disclosed last week he upped his firm's stake in Global Blue Group Holding AG ( GB , Financial) by 15.62% following its quarterly earnings report.
- 12/05/2022
|
VNET Group, Inc. (VNET) Q3 2022 Earnings Call Transcript
- VNET Group, Inc. (NASDAQ:VNET ) Q3 2022 Earnings Conference Call November 22, 2022 8:00 PM ET Corporate Participants Xinyuan Liu - Investor Relations Director Jeff Dong - Chief Executive Officer Tim Chen - Chief Financial Officer Conference Call Participants Yang Liu - Morgan Stanley Edison Lee - Jefferies Sara Wang - UBS Ethan Zhang - Nomura Operator Hello, ladies and gentlemen. Thank you for standing by for the Third Quarter 2022 Earnings Conference Call for VNET Group, Inc. At this time, all participants are in a listen-only mode.
- 11/23/2022
|
Strength Seen in 21Vianet (VNET): Can Its 10.3% Jump Turn into More Strength?
- 21Vianet (VNET) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
- 11/03/2022
|
VNET Group: Potential Buyout From Founder
- VNET Group has now received a second non-binding buyout offer at $8.2/ADS. The bid comes from the founder/CEO who owns 28% of voting shares.
- 09/28/2022
|
VNET Group, Inc. (VNET) Q2 2022 Earnings Call Transcript
- VNET Group, Inc. (NASDAQ:VNET ) Q2 2022 Earnings Conference Call August 30, 2022 9:00 PM ET Company Participants Xinyuan Liu - Investor Relations Director Samuel Shen - Chief Executive Officer & Executive Chairman of Retail IDC Tim Chen - Chief Financial Officer Conference Call Participants Ethan Zhang - Nomura Edison Lee - Jefferies Sara Wang - UBS Albert Hung - JPMorgan Clive Cheung - Credit Suisse Hongjie Li - CICC Operator Hello, ladies and gentlemen. Thank you for standing by for the Second Quarter 2022 Earnings Conference Call for VNET Group, Inc. At this time, all participants are in listen-only mode.
- 08/31/2022
|
21Vianet (VNET) Moves 5.4% Higher: Will This Strength Last?
- 21Vianet (VNET) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
- 08/26/2022
|
Betting against data center REITs is a very dangerous short, says GGV's Richards
- Jeff Richards, GGV Capital managing partner, joins 'TechCheck' to discuss if data center REITs could be in trouble, if it's dangerous to lump too many parts of technology together, and more.
- 06/29/2022
|
VNET Group: Significant Upside Based On Structural IDC Tailwinds And Government Support
- VNET Group, Inc. is a leading Internet Data Center provider and service company in China. The firm offers solutions in three key verticals: Managed Hosting Services (IDC), Cloud Services and VPN Services.
- 06/15/2022
|
VNET Group, Inc. (VNET) CEO Samuel Shen on Q1 2022 Results - Earnings Call Transcript
- VNET Group, Inc. (NASDAQ:VNET ) Q1 2022 Earnings Conference Call May 24, 2022 9:00 PM ET Company Participants Xinyuan Liu - IR Director Samuel Shen - CEO & Executive Chairman of Retail IDC Tim Chen - CFO Conference Call Participants Yang Liu - Morgan Stanley Edison Lee - Jefferies Hongjie Li - CICC Albert Hung - JPMorgan Clive Cheung - Credit Suisse Sara Wang - UBS Ethan Zhang - Nomura Securities Guohan Wang - Daiwa Securities Operator Hello, ladies and gentlemen. Thank you for standing by for the First Quarter 2022 Earnings Conference Call for VNET Group Inc. At this time, all participants are in a listen-only mode.
- 05/25/2022
|
Why Is VNET Group (VNET) Stock Up Today?
- After receiving an unsolicited offer, shares of VNET stock have soared today, as investors attempt to price what this means into the stock. The post Why Is VNET Group (VNET) Stock Up Today?
- 04/11/2022
|
21Vianet (VNET) Surges 13.1%: Is This an Indication of Further Gains?
- 21Vianet (VNET) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
- 04/05/2022
|
VNET Group, Inc. (VNET) CEO Samuel Shen on Q4 2021 Results - Earnings Call Transcript
- VNET Group, Inc. (VNET) CEO Samuel Shen on Q4 2021 Results - Earnings Call Transcript
- 03/31/2022
|
Strength Seen in 21Vianet (VNET): Can Its 83.3% Jump Turn into More Strength?
- 21Vianet (VNET) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
- 03/17/2022
|
VNET Group: A Speculative Investment Makes Sense
- VNET Group: A Speculative Investment Makes Sense
- 02/10/2022
|
21Vianet (VNET) Could Find Support Soon, Here's Why You Should Buy the Stock Now
- After losing some value lately, a hammer chart pattern has been formed for 21Vianet (VNET), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
- 01/31/2022
|
Blackstone Agrees To Invest In VNET Via Convertible Notes
- Funds managed by Blackstone Inc (NYSE: BX) Blackstone Tactical Opportunities have agreed to invest in VNET Group Inc (NASDAQ: VNET). Blackstone looks to purchase VNET's $250 million of convertible notes having a term of five years and carry interest at 2% per annum.
- 01/28/2022
|
Wall Street Analysts Believe 21Vianet (VNET) Could Rally 212%: Here's is How to Trade
- The consensus price target hints at a 211.8% upside potential for 21Vianet (VNET). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
- 01/20/2022
|
Why VNET Group Stock Crashed and Burned Today
- The network services specialist reported slight earnings and revenue misses in the third quarter, but the company's troubles run deeper than the headline numbers.
- 11/19/2021
|
VNET Group, Inc. (VNET) CEO Samuel Shen on Q3 2021 Results - Earnings Call Transcript
- VNET Group, Inc. (VNET) CEO Samuel Shen on Q3 2021 Results - Earnings Call Transcript
- 11/19/2021
|
VNET Shares Pop As Fitch Sees Robust Data Center Demand From Alibaba
- Fitch Ratings has affirmed China-based carrier-neutral data center operator VNET Group Inc's (NASDAQ: VNET) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'B+.' The Outlook is Negative, reflecting Fitch's expectation that VNET's 2021-2022 funds flow from operations (FFO) leverage will worsen to above 6.0x (2020: 4.2x), the threshold above which we lead to negative rating action.
- 11/08/2021
|
21Vianet Looks for New Chapter With Name Change
- Key takeaways 21Vianet's shareholders have approved changing its name to VNET Group
- 10/11/2021
|
21Vianet Announces Results of 2021 Extraordinary General Meeting
- BEIJING, Oct. 08, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (“VNET” or the “Company”) (Nasdaq: VNET), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced the results of its 2021 Extraordinary General Meeting which was held on October 8, 2021 in Beijing, where it adopted a special resolution to approve the change of the Company's name to “VNET Group, Inc.”, effective immediately.
- 10/08/2021
|
21Vianet Group (VNET) Sees Hammer Chart Pattern: Time to Buy?
- 21Vianet Group (VNET) has been struggling lately, but the selling pressure may be coming to an end soon.
- 10/05/2021
|
21Vianet Wins 5A Green Data Center Ratings and Further Promotes Carbon Reduction
- BEIJING, Sept. 25, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that its Boxing data center in Beijing and Nantong data center in Jiangsu province were awarded as the 5A Green Data Centers for their operations, which is the highest rating of data centers in China, at the 2021 Open Data Center Summit hosted by the Open Data Center Committee (ODCC) on September 15, 2021. Its Foshan Data Center was also presented with the "Innovative Data Center for Carbon Emission Reduction” award at the ceremony.
- 09/24/2021
|
21Vianet Announces Change in Leadership Team
- BEIJING, Sept. 25, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that Mr. Chunfeng Cai, the Company's Chief Operating Officer (“COO”), has decided to resign from his current post and leave the Company due to personal reasons, effective on October 1, 2021.
- 09/24/2021
|
VNET Stock: Over 4% Increase Pre-Market Explanation
- The shares of 21Vianet Group, Inc. (Nasdaq: VNET) increased by over 4% pre-market. This is why it happened.
- 08/25/2021
|
21Vianet Group, Inc. (VNET) CEO Samuel Shen on Q2 2021 Results - Earnings Call Transcript
- 21Vianet Group, Inc. (VNET) CEO Samuel Shen on Q2 2021 Results - Earnings Call Transcript
- 08/25/2021
|
21Vianet Group, Inc. Reports Unaudited Second Quarter 2021 Financial Results
- BEIJING, Aug. 25, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2021. The Company will hold a conference call at 8:00 P.M. on Tuesday, August 24, 2021, U.S. Eastern Time to discuss the financial results. Dial-in details are provided at the end of this release.
- 08/24/2021
|
Is a Surprise Coming for 21Vianet Group (VNET) This Earnings Season?
- 21Vianet Group (VNET) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 08/23/2021
|
21Vianet's Founder and Executive Chairman to Expand Ownership in 21Vianet
- BEIJING, Aug. 06, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) (“21Vianet” or the “Company”), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that Mr. Josh Sheng Chen, the Company's Founder and Executive Chairman of the Board, has informed the Company that Beacon Capital Group Inc., a company controlled by Mr. Chen, has entered into agreements with Tuspark Innovation Venture Limited (“Tuspark”), pursuant to which Beacon Capital Group Inc. will purchase from Tuspark 17,140,898 Class A ordinary shares of the Company for an aggregate purchase price of approximately US$50 million. The purchase price will be at US$2.917 per ordinary share, or US$17.502 per American depository share (“ADS”).
- 08/06/2021
|
Chinese stocks are being battered by regulation from Beijing. Here are the 10 that have seen the steepest declines in 2021.
- The iShares MSCI China ETF has fallen 16% year-to-date and is down 30% from its peak in February, while the S&P 500 is up about 15% in 2021.
- 07/28/2021
|
Why 21Vianet Group Stock Popped Today
- Sales beat estimates in the first quarter -- barely.
- 05/26/2021
|
Moving Average Crossover Alert: 21Vianet Group (VNET)
- 21Vianet Group (VNET) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front
- 05/26/2021
|
21Vianet Group's (VNET) CEO Samuel Shen on Q1 2021 Results - Earnings Call Transcript
- 21Vianet Group's (VNET) CEO Samuel Shen on Q1 2021 Results - Earnings Call Transcript
- 05/26/2021
|
21Vianet Group, Inc. Reports Unaudited First Quarter 2021 Financial Results
- BEIJING, May 25, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2021. The Company will hold a conference call at 8:00 P.M. on Tuesday, May 25, 2021, U.S. Eastern Time to discuss the financial results. Dial-in details are provided at the end of this release.
- 05/25/2021
|
21Vianet Group, Inc. to Announce Unaudited First Quarter 2021 Financial Results
- BEIJING, May 14, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that it plans to release its first quarter 2021 financial results on Tuesday, May 25, 2021, after the market closes. The Company will hold a conference call at 8:00 P.M. on Tuesday, May 25, 2021, U.S. Eastern Time, or 8:00 A.M. on Wednesday, May 26, 2021, Beijing Time, to discuss the financial results.
- 05/14/2021
|
21Vianet Group, Inc. Filed Its Annual Report on Form 20-F
- BEIJING, April 29, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that it has filed its annual report containing its audited consolidated financial statements on Form 20-F for the fiscal year ended December 31, 2020 with the Securities and Exchange Commission on April 28, 2021 Eastern Time. The annual report can be accessed on 21Vianet's investor relations website at http://ir.21vianet.com/. The Company will provide hard copies of the annual report, free of charge, to its shareholders and ADS holders upon request.
- 04/28/2021
|
21Vianet Names Tim Chen as Chief Financial Officer
- BEIJING, April 29, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) (“21Vianet” or the “Company”), a leading carrier- and cloud-neutral Internet data center services provider in China, announced today that Mr. Tim Chen, Chief Strategy Officer, will assume the role of Chief Financial Officer. Mr. Chen will succeed Ms. Sharon Xiao Liu, who will step down as the Company's Chief Financial Officer and serve as an advisor to the Company before leaving the Company in June 2021.
- 04/28/2021
|
Bear of the Day: 21Vianet (VNET)
- Bear of the Day: 21Vianet (VNET)
- 04/20/2021
|
New Strong Sell Stocks for April 16th
- VNET, ALTG, FPI, HALL, and INVO have been added to the Zacks Rank #5 (Strong Sell) List on April 16, 2021
- 04/16/2021
|
Juniper (JNPR) to Power 21Vianet's (VNET) Data Center Expansion
- Juniper (JNPR) routing platforms will enable network administrators to seamlessly migrate applications within and between various data centers for operational efficiency and optimization of network traffic flow.
- 04/07/2021
|
21Vianet Group, Inc. (VNET) CEO Samuel Shen on Q4 2020 Results - Earnings Call Transcript
- 21Vianet Group, Inc. (VNET) CEO Samuel Shen on Q4 2020 Results - Earnings Call Transcript
- 03/24/2021
|
21Vianet Announces Signing of Definitive Agreement to Repurchase Approximately US$260 million of Class B Ordinary Shares from Tuspark
- BEIJING, March 24, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) (“21Vianet” or the “Company”), a leading carrier-neutral and cloud-neutral data center services provider in China, today announced that it has entered into a share purchase agreement with Tuspark Innovation Venture Limited (“Tuspark”), pursuant to which 21Vianet will purchase from Tuspark 48,634,493 Class B ordinary shares of the Company for an aggregate purchase price of approximately US$260 million. The repurchase price will be at US$5.346 per ordinary share, or US$32.076 per American depository share (“ADS”), which is the product of (i) the daily volume weighted average price of the ADSs for the consecutive thirty (30) trading days ended on March 22, 2021, multiplied by (ii) 88%.
- 03/24/2021
|
21Vianet Group, Inc. Reports Unaudited Fourth Quarter and Full Year 2020 Financial Results
- BEIJING, March 23, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced its unaudited financial results for the fourth quarter ended December 31, 2020. The Company will hold a conference call at 8:30 P.M. on Tuesday, March 23, 2021, U.S. Eastern Time to discuss the financial results. Dial-in details are provided at the end of this release.
- 03/23/2021
|
21Vianet Group, Inc. to Announce Unaudited Fourth Quarter and Full Year 2020 Financial Results
- BEIJING, March 02, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that it plans to release its fourth quarter and full year 2020 financial results on Tuesday, March 23, 2021, after the market closes. The Company will hold a conference call at 8:30 P.M. on Tuesday, March 23, 2021, U.S. Eastern Time, or 8:30 A.M. on Wednesday, March 24, 2021, Beijing Time, to discuss the financial results.
- 03/02/2021
|
Julian Robertson's Biggest Trades of the 4th Quarter
- Julian Robertson (Trades, Portfolio)'s Tiger Management recently disclosed its portfolio updates for the fourth quarter of 2020, which ended on Dec. 31.
- 02/17/2021
|
21Vianet Announces Pricing of Offering of US$525 million Convertible Senior Notes
- BEIJING, Jan. 22, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) (“21Vianet” or the “Company”), a leading carrier-neutral and cloud-neutral data center services provider in China, today announced the pricing of its previously announced offering (the “Notes Offering”) of US$525 million in aggregate principal amount of convertible senior notes due 2026 (the “Notes”). The Company granted the initial purchasers in the Notes Offering a 13-day option to purchase up to an additional US$75 million in aggregate principal amount of the Notes. The Company plans to use the net proceeds from the Notes Offering for expanding data center infrastructure, repaying the Company's outstanding senior notes due 2021 and other general corporate purposes.
- 01/22/2021
|
21Vianet Announces Proposed Offering of US$525 million Convertible Senior Notes
- BEIJING, Jan. 21, 2021 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) (“21Vianet” or the “Company”), a leading carrier-neutral and cloud-neutral data center services provider in China, today announced a proposed offering (the “Notes Offering”) of US$525 million in aggregate principal amount of convertible senior notes due 2026 (the “Notes”) subject to market conditions and other factors. The Company intends to grant the initial purchasers in the Notes Offering a 13-day option to purchase up to an additional US$75 million in aggregate principal amount of the Notes. The Company plans to use the net proceeds from the Notes Offering for expanding data center infrastructure, repaying the Company's outstanding senior notes due 2021 and other general corporate purposes.
- 01/20/2021
|
21Vianet Announces Resignation of Director
- BEIJING, Dec. 14, 2020 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier-neutral and cloud-neutral data center services provider in China, today announced that on December 14, 2020, Mr. Tao Zou, a director of the Company nominated by King Venture Holdings Limited (“King Venture”) in accordance with an Investor Rights Agreement dated as of January 15, 2015 by and among the Company, King Venture and certain other parties (the “Investor Rights Agreement”), informed the Company's board of directors of his decision to resign from the board with immediate effect due to personal reasons. The resignation of Mr. Zou did not result from any disagreement with the Company on any matter relating to the Company's operations, policies or practices. The Company would like to take this opportunity to express its appreciation to Mr. Zou for his service to the Company.
- 12/14/2020
|
Why 21Vianet Stock Soared Today
- Investors are impressed with the tech company's improving profit margins.
- 11/25/2020
|
21Vianet Group, Inc. (VNET) CEO Alvin Wang on Q3 2020 Results - Earnings Call Transcript
- 21Vianet Group, Inc. (VNET) CEO Alvin Wang on Q3 2020 Results - Earnings Call Transcript
- 11/24/2020
|
21Vianet Group, Inc. to Announce Unaudited Third Quarter 2020 Financial Results
- BEIJING, Nov. 04, 2020 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (Nasdaq: VNET) ("21Vianet" or the "Company"), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced that it plans to release its third quarter 2020 financial results on Tuesday, November 24, 2020, after the market closes. The Company will hold a conference call at 8:00 P.M. on Tuesday, November 24, 2020, U.S. Eastern Time, or 9:00 A.M. on Wednesday, November 25, 2020, Beijing Time, to discuss the financial results.
- 11/04/2020
|
21Vianet Strengthens Senior Leadership Team
- BEIJING, Oct. 28, 2020 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (“21Vianet” or the “Company”) (NASDAQ: VNET), a leading carrier-neutral and cloud-neutral data center services provider in China, today announced that its Board of Directors has approved several promotions to strengthen its senior leadership team to further enable 21Vianet's continued growth.
- 10/28/2020
|