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Developers to pay lower fees to Google's app store for first $1 mln in revenue

Developers to pay lower fees to Google's app store for first $1 mln in revenue

· 03/16/2021 11:33
Developers to pay lower fees to Google's app store for first $1 mln in revenue

- Alphabet Inc's GOOGL.O Google said on Tuesday that it was cutting the service fee that app developers pay to Google Play app store to 15% for the first $1 million in revenue they earn every year, starting July 1.

With this change, 99% of developers will see a 50% reduction in fees, said Google in a blog post. (https://bit.ly/3bPgpnc)


(Reporting by Chavi Mehta in Bengaluru; Editing by Anil D'Silva)

((Chavi.Mehta@thomsonreuters.com;))