China Digest: Alibaba acquires IDsManager; Nasdaq-listed 51job backs Fountain

China Digest: Alibaba acquires IDsManager; Nasdaq-listed 51job backs Fountain

REUTERS/Aly Song

Alibaba’s cloud computing unit has sealed a deal to acquire Chinese IDaaS startup IDsManager, while Nasdaq-listed Chinese recruitment website 51job participated in American startup Fountain’s $23 million Series B funding round.