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An update from Vianet Group plc ( (GB:VNET) ) is now available.
Vianet Group plc has secured a significant strategic contract with a major global brewer, marking a substantial step in expanding its presence in the UK hospitality sector. This agreement, facilitated by a partnership with The Oxford Partnership, involves implementing Vianet’s Beverage Metrics draught beer monitoring solution, which is expected to expand their UK installation footprint by 5% over the next 18 months. This collaboration not only validates Vianet’s innovative solutions but also enhances their market positioning, attracting potential new clients and partnerships while driving growth in their revenue streams.
More about Vianet Group plc
Vianet Group plc is an international provider specializing in actionable data, business insights, and payment solutions through its integrated ecosystem of connected hardware devices, software platforms, and smart insights portals, focusing on sectors such as the hospitality industry.
YTD Price Performance: -3.98%
Average Trading Volume: 34,070
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £33.03M
See more data about VNET stock on TipRanks’ Stock Analysis page.
