Google slashes app store fees, following similar Apple move

The Mountain View, California-based Internet giant said it is reducing the fees to 15% from 30% for the first US$1mil (RM4.11mil) in revenue on sales of apps and in-app-purchases each year. — Dreamstime/TNS

Alphabet Inc’s Google is halving the percentage it takes from developers on sales through its Google Play store, following a similar move by rival Apple Inc last year.

The Mountain View, California-based Internet giant said it is reducing the fees to 15% from 30% for the first US$1mil (RM4.11mil) in revenue on sales of apps and in-app-purchases each year. After the first US$1mil (RM4.11mil), developers will pay the typical 30% fee.