VNET Group Inc (VNET) Financial

VNET Group, Inc. operates as a carrier- and cloud-neutral internet data center services provider in China. The Company’s services include managed hosting services, cloud services and virtual private network (VPN) services. Managed hosting services consisting of managed retail services and managed wholesale services. Cloud services allow customers to run their applications over the Internet using the information technology (IT) infrastructure. VPN services extend customers’ private networks by setting up secure and dedicated connections through the public Internet. The firm mainly operates its businesses in the domestic market.