VNET Group 1Q 2024 Investor Presentation

VNET Group, Inc. presented its first quarter 2024 financial results and business updates. The company reported revenue of 1,898 million RMB (+5.1% YoY) and adjusted EBITDA of 540 million RMB (+22.6% QoQ), with strong performance in both wholesale and retail IDC (Internet Data Center) segments. The presentation covers operational metrics including capacity utilization rates and liquidity position.