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Stock impact report

VNET Reports Unaudited Third Quarter 2025 Financial Results

VNET Group, Inc. - American Depositary Shares (VNET) 
Last vnet group, inc. - american depositary shares earnings: 8/19 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.21vianet.com
Company Research Source: PR Newswire
BEIJING, Nov. 20, 2025 /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 third quarter ended September 30, 2025. "We delivered another strong quarter, demonstrating our strategy's effectiveness in capturing opportunities," said Josh Sheng Chen, Founder, Executive Chairperson and interim Chief Executive Officer of VNET. "Our wholesale IDC business sustained its robust growth trajectory in the third quarter, driven by our rapid delivery capabilities and customers' fast move-in pace. Order momentum remained solid, underscored by three new wholesale orders totaling 63MW and a combined capacity of approximately 2MW in retail orders from customers in various industries. This upward trend accelerated as we entered the fourth quarter, bolstered by a 32MW wholesale order from anoth Show less Read more
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