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Home Science & Technology Startup Nation Tech Bits

Google to cut app store fee by half on developers' first $1M

by  Reuters and ILH Staff
Published on  03-17-2021 09:25
Last modified: 03-17-2021 08:08
Google to cut app store fee by half on developers' first $1MREUTERS/Mike Blake

The Google logo is seen on an office building in Irvine, CA, in 2017 | File photo: REUTERS/Mike Blake

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Alphabet Inc's Google will cut the service fee it charges developers on its app store by half on the first $1 million they earn in revenue in a year, after a similar move by rival Apple Inc last year.

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Both the companies have come under fire from large firms such as Microsoft Corp, Spotify Technology SA, as well as startups and smaller companies, which claim the fees deprive consumers of choices and push up app prices.

Google said in a blog post on Tuesday that it would cut app store fees to 15% from 30% effective July 1, a move that would impact most of the developers on its app store.

Tags: AppleGoogleMicrosoft

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