21Vianet Group (VNET)

Motley Fool  Jun 10  Comment 
21Vianet has been a battleground stock for nearly a year following a scathing investigative report. The company might be about to go private.
TheStreet.com  Jun 10  Comment 
NEW YORK (TheStreet) -- Shares of 21Vianet were gaining 10.4% to $21.98 on heavy trading volume Wednesday after the Chinese Internet data center company received a "going private" proposal. 21Vianet Chairman and CEO Josh Sheng Chen, Kingsoft...
TheStreet.com  May 27  Comment 
NEW YORK (TheStreet) -- Shares of 21Vianet Group Inc. are declining by 8.65% to $17 on heavy volume in mid-afternoon trading on Wednesday, after the China-based carrier-neutral Internet data center services provider reported its 2015 first...
Motley Fool  May 27  Comment 
Is 21Vianet's plunge meaningful? Or just another movement?
Benzinga  May 27  Comment 
GlobeImmune Inc (NASDAQ: GBIM) shares declined 49.03 percent to $4.20 after the company reported top line results from GS-4774 Phase 2 trial in virally-suppressed chronic HBV patients. Michael Kors Holdings Ltd (NYSE: KORS) shares dipped...


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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