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How VNET Group, Inc. CEO Johnny Liu grew VNET Group, Inc. to $1B revenue and 6.5K customers in 2024.

21Vianet Blue Cloud is a world-class one-stop operator of cloud services and is committed to helping international cloud service providers roll out and operate their cloud services in China. In 2014, Blue Cloud launched Microsoft Azure and Office 365 together with Microsoft, and has been Microsoft's exclusive partner to operate these services in China. As a world-class one-stop operator of cloud services based on Microsoft technologies, Blue Cloud: 1. Owns an expert-level cloud operation and bi-lingual service team of 400 professionals. 2. Offers end-to-end public cloud services from IaaS, PaaS, SaaS to customer services. 3. Guarantees a financially-backed SLA of 99.9% for Azure and Office 365 platform and services. In 2015, Blue Cloud also successfully deployed 5 other international SaaS products for the China market. Blue Cloud is a wholly-owned subsidiary of 21Vianet Group (NASDAQ: VNET). From the founding in 1999 to being the largest carrier-neutral Internet infrastr

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VNET Group, Inc. Revenue

In 2024, VNET Group, Inc. 's revenue reached $1B. Since its launch in 2013, VNET Group, Inc. has shown consistent revenue growth.

VNET Group, Inc. Revenue GrowthReported revenue / ARR by year$0$250M$500M$750M$1B$1B2013201520172019202120232024$0$1BSource: GetLatka.com
YearMilestone
2024VNET Group, Inc. Hit $1b revenue in December 2024Source
2013Launched with $0 revenue

VNET Group, Inc. Valuation, Funding Rounds

VNET Group, Inc. 's most recent disclosed valuation is $15.9M.

VNET Group, Inc. is a bootstrapped Other Collaboration Software startup. Founded in 2013, VNET Group, Inc. has grown to $1B in revenue without raising any venture capital or outside funding.

As a self-funded Other Collaboration Software SaaS company, VNET Group, Inc. has built its business with no outside investment.

VNET Group, Inc. Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120132013 cumulative: $0 • 2013 Founded: $02013 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

VNET Group, Inc. Employees & Team Size

VNET Group, Inc. employs approximately 2.4K people as of 2026.

VNET Group, Inc. has 2.4K total employees in different roles and functions. They have 6.5K customers that rely on the company's solutions.

VNET Group, Inc. Team GrowthReported headcount over time06001,2001,8002,4003,0002013201520172019202120232024002,4142,414Source: GetLatka.com
YearMilestone
2024Reached 2.4K employees (December 2024)

Founder / CEO

Johnny Liu

Experienced Enterprise-Tech Industry veteran with a demonstrated track records. Strong business development professional skilled in Public Cloud operation, Partner Relationship Management, Go-to-market Strategy, Management, Software as a Service (SaaS), and Pre-sales and technical support.

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Customers

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Frequently Asked Questions about VNET Group, Inc.

What is VNET Group, Inc. 's revenue?

VNET Group, Inc. generates $1B in revenue.

Who founded VNET Group, Inc. ?

VNET Group, Inc. was founded by Johnny Liu.

Who is the CEO of VNET Group, Inc. ?

The CEO of VNET Group, Inc. is Johnny Liu.

How much funding does VNET Group, Inc. have?

VNET Group, Inc. raised $0.

How many employees does VNET Group, Inc. have?

VNET Group, Inc. has 2.4K employees.

Where is VNET Group, Inc. headquarters?

VNET Group, Inc. is headquartered in China.

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Compare VNET Group, Inc. to the industry

VNET Group, Inc. operates across multiple industries. Browse revenue, funding, and growth data for VNET Group, Inc. in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .