VNET Group (VNET) - Market capitalization

Market cap: HK$18.72 Billion

As of December 2025 VNET Group has a market cap of HK$18.72 Billion. This makes VNET Group the world's 4354th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of VNET Group from 2020 to 2025

End of year Market Cap

Year	Marketcap	Change
2025	HK$18.72 B	111.56%
2024	HK$8.84 B	165.06%
2023	HK$3.33 B	-49.08%
2022	HK$6.55 B	-37.08%
2021	HK$10.42 B	-71.57%
2020	HK$36.66 B

End of Day market cap according to different sources

On Dec 6th, 2025 the market cap of VNET Group was reported to be:

HK$18.72 Billion

by Nasdaq

HK$18.72 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Equinix EQIX	HK$566.81 B	2,927.45%	🇺🇸 USA
Baidu BIDU	HK$341.01 B	1,721.38%	🇨🇳 China

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of VNET Group (VNET)

Market cap: HK$18.72 Billion