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VNET’s AUM jump $340m in 6 months to $1.1bn as takeover talks continue

The group has also delivered solid results in the second quarter amid macro uncertainties and tightened restrictions to contain COVID resurgences in Mainland China.

By João Marques Lima

Founder and Editor, The Tech Capital

8 Mins

September 01, 2022 | 11:05 AM BST

VNET’s AUM jump $340m in 6 months to $1.1bn as takeover talks continue

Artistic render of the future VNET Beijing BJ15 data centre. Source: VNET Group

The Tech Capital

Chinese data centre operator VNET Group, Inc. (Nasdaq: VNET) has released its unaudited financial results for Q2 2022 where it has posted total current assets under management (AUM) of RMB7,445 million (US$1.11 billion).

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João Marques Lima

Founder and Editor, The Tech Capital

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