The move, announced by Mango TV in a regulatory filing on Thursday, comes less than a year after Alibaba
. The company said Alibaba would be seeking special permission to break the lockup agreement made at the time of the deal, which prevented it trading Mango shares for 12 months. The December deal also came at a time when the Chinese government’s crackdown against the tech industry was only just getting going and its overall extent could only be guessed at. Days later, on Dec. 24 the State Administration for Market Regulation announced a formal anti-monopoly probe into Alibaba. That resulted in a fine of $2.7 billion for Alibaba, imposed in March 2021.
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