China Digest: Alibaba Cloud to acquire cybersecurity startup; Zifeng Culture raises $14m

China Digest: Alibaba Cloud to acquire cybersecurity startup; Zifeng Culture raises $14m

Photographer: Gilles Sabrie/Bloomberg

Alibaba Cloud, the cloud computing unit of Alibaba, plans to buy Beijing-based cybersecurity startup Chaitin Tech, while Chinese education books distributor Zifeng Culture has closed $14 million in a Series C funding round.

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