Business ExpansionWholesale IDC revenue surged 87% year-over-year, driven by strong AI demand, indicating rapid expansion in the wholesale business.
Financial PerformanceVNET reported a 26% year-over-year increase in adjusted EBITDA, demonstrating strong financial performance.
Future GrowthThe company has maintained its fiscal year guidance, predicting a 10-13% increase in revenue, which reflects confidence in future growth.