21Vianet Looks for New Chapter With Name Change

Shareholders approve VNET Group as company’s new name, marking latest adjustment in year of change for data center laggard Key takeaways 21Vianet’s shareholders have approved changing its name to VNET Group Move marks the latest change for the company, following arrival of new CFO in April and recent departure of its COO By Doug Young With all the turbulence in U.S.-China relations, 2021 could well go down as the year of the name change for U.S.-listed Chinese companies. Data center stalwart 21Vianet Group Inc. (VNET.US) has become the latest Chinese…

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AiHuiShou Seeks Gold in Growing Heaps of Used Gadgets

IPO-bound recycling specialist could be valued higher than U.S. stalwart eBay on potential for its services business and international expansion Key points: AiHuiShou has strong growth potential due to its positioning as a trusted middleman facilitating the sale of used electronics Company could be valued strongly due to big growth for its service offerings and international expansion potential By Doug Young “Let the buyer beware,” is a common English saying that especially applies to used goods. When it comes to expensive items, like cars and electronics, buyers are often reluctant…

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