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

FILE PHOTO: The logo of Google Play is displayed at Tokyo Game Show 2019 in Chiba, east of Tokyo, Japan, September 12, 2019. REUTERS/Issei Kato

(Reuters) – Alphabet Inc’s 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.

Source: Read Full Article