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Market Cap · 2026

$1.8B

2025 Revenue

$1.5B

Customers

6.5K

YOY

20.5%

Avg ACV

$227.8K

Team · 2024

2.4K

Founded

2013

VNET Group, Inc. Revenue & Valuation (2025)

VNET Group, Inc. generated $1.5B in revenue in 2025. Source: Company Website

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 2025, VNET Group, Inc.'s revenue reached $1.5B. The company previously reported $1.2B in 2024.

VNET Group, Inc. Revenue GrowthReported revenue / ARR over time$0$400M$800M$1.2B$1.6B2013201520172019202120232025$0$1.5BSource: GetLatka.com
YearMilestoneSource
2025VNET Group, Inc. revenue for 2025: $1.5bCompany Website
2024VNET Group, Inc. revenue for 2024: $1.2bCompany Website
2013Launched with $0 revenue

VNET Group, Inc. Valuation, Funding Rounds

VNET Group, Inc. has a $1.8B market cap as of September 2026.

VNET Group, Inc. Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$400M$0.2$800M$0.4$1.2B$0.6$1.6B$0.8$2B$120132015201720192021202320252026$1.8BSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2026Market Cap-$1.8B-stockanalysis.com

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.

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.

VNET Group, Inc. Team GrowthReported headcount over time06001,2001,8002,4003,0002013201520172019202120232024002,4142,414Source: GetLatka.com
YearMilestoneSource
2024Reached 2.4K employees (December 2024)Not recorded

Frequently Asked Questions about VNET Group, Inc.

Is VNET Group, Inc. a public company?

Yes. VNET Group, Inc. is publicly traded, with a market cap of $1.8B as of 2026.

What is VNET Group, Inc.'s revenue?

As of 2025, VNET Group, Inc. generated $1.5B in revenue.

Who founded VNET Group, Inc.?

VNET Group, Inc. was founded by Johnny Liu.

When was VNET Group, Inc. founded?

VNET Group, Inc. was founded in 2013.

Who is the CEO of VNET Group, Inc.?

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

How many employees does VNET Group, Inc. have?

As of 2024, VNET Group, Inc. had 2.4K employees.

Where is VNET Group, Inc. headquartered?

VNET Group, Inc. is headquartered in China.

Compare VNET Group, Inc. to the industry

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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