21Vianet Group (VNET)

Benzinga  Nov 26  Comment 
Analysts at Canaccord Genuity downgraded 21Vianet Group (NASDAQ: VNET) from Buy to Hold. The price target for 21Vianet Group is set to $19. 21Vianet Group shares have surged 17.75% over the past 52 weeks, while the S&P 500 index has gained...
Benzinga  Nov 26  Comment 
Benzinga  Nov 21  Comment 
In a report published Friday, Stifel analyst Matthew Heinz reiterated a Buy rating on 21Vianet Group (NASDAQ: VNET), but lowered the price target from $33.00 to $28.00. In the report, Stifel noted, “21Vianet is scheduled to report 3Q14 results...
TheStreet.com  Oct 21  Comment 
NEW YORK (TheStreet) -- Shares of 21Vianet Group Inc.a aare up 6.59% to $19.40 followingaPacific Crest analyst Cheng Cheng's positive reviews of the company afteraa recent trip to China, Barron's reports. The Internet data center services...
StreetInsider.com  Oct 10  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/21Vianet+Group+%28VNET%29+Reports+Joint+Venture+with+Foxconn/9902117.html for the full story.
StreetInsider.com  Oct 2  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/21Vianet+Group+%28VNET%29+Reports+Strategic+Partnership+With+CNNIC/9879495.html for the full story.
Market Intelligence Center  Oct 1  Comment 
Software developer Microsoft Corporation (MSFT) in collaboration with 21Vianet Group, Inc. (VNET) recently rolled out WebDirect payment services for Windows Azure services in China.Chinese users can now buy public cloud services of global...
DailyFinance  Sep 26  Comment 
NEW YORK, NY--(Marketwired - September 26, 2014) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at 21Vianet Group, Inc. ("21Vianet" or the "Company") (NASDAQ: VNET).The investigation...
StreetInsider.com  Sep 26  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/21Vianet+%28VNET%29%2C+Microsoft+%28MSFT%29+Announces+WebDirect+Payment+Services+Now+Available+in+China/9863132.html for the full story.
Benzinga  Sep 23  Comment 
Shares of 21Vianet Group Inc (NASDAQ: VNET) are experiencing a rebound in share price Tuesday afternoon following the company's announcement to launch IBM cloud managed services (CMS) in China. According to the press release, "the launch will...


21Vianet Group (NASDAQ:VNET) is the largest carrier-neutral data center in China in terms of revenues. 21Vianet operates 47 data centers across 33 cities in China. Because the company is carrier neutral its data center are connected to all of the major carriers in China and most data centers are connected with their private fiber optic network. As a data center, 21Vianet makes money by charging its customers a fee to store information on within its data centers.[1]

The continued growth of China's middle class has vastly increased the number of individuals who have access to the Internet. As result, internet penetration, internet consumption, as well as mobile usage have risen dramatically in the country. In addition, enterprises located in China have increasingly shifted to outsourced IT options as well as cloud computing. These trends will continue to drive the demand for 21Vianet's services.[2]

The company's initial public offering of stock on the NASDAQ occurred on April 20, 2011. The company offered 13M ADSs each for $15. This was above the high end of the revised price range of $12-$13. The deal had originally been announced for 11.5M ADSs and at a price of $10-$12. The final deal was $195M, which was $68M greater than what the deal had originally been. The lead underwriters of the deal were Morgan Stanley (MS), Barclays (BCS), and J P Morgan Chase (JPM).[3]

For the full year 2010, 21Vianet announced a total revenue of $79.6M. However the company reported a net loss of $37.5M for 2010.[4]


  1. VNET S-1/A 2011 PROSPECTUS SUMMARY "Our Business" pg 1
  2. VNET S-1/A 2011 PROSPECTUS SUMMARY "Our Industry" pg 2
  3. Renaissance Capital - IPO Home "21Vianet Group prices upsized IPO at $15, well above the initial range" 20 April 2011
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