VNET Group, Inc.
China
Valuation
$15.9M
2024 Revenue
$1B
Customers
6.5K
Funding
$0
Avg ACV
$155.4K
Team
2.4K
Founded
2013
VNET Group, Inc. Revenue & Valuation (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
Last updated
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.
| Year | Milestone | Source |
|---|---|---|
| 2024 | VNET Group, Inc. Hit $1b revenue in December 2024 | ir.21vianet.com |
| 2013 | Launched with $0 revenue |
VNET Group, Inc. Valuation, Funding Rounds
VNET Group, Inc. reached a $15.9M valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $15.9M | - |
Founder / CEO
Johnny Liu
CEO
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.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
VNET Group, Inc. serves 6.5K customers.
VNET Group, Inc. Employees & Team Size
VNET Group, Inc. employs approximately 2.4K people as of 2026. It serves 6.5K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 2.4K employees (December 2024) |
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.
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.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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