Google cuts app store fees, lifting shares of app developers

In this photo illustration the Duolingo logo seen displayed on a smartphone.

Rafael Henrique | LightRocket | Getty Images

Shares of app developers like Bumble, Duolingo and Roblox rose on Thursday after Google said it would reduce the company’s cut from subscriptions on its Android app store.

The change by Google would cut the commission on recurring subscriptions through the Google Play store from 30% to 15%, a move that could significantly reduce costs for any company that makes a lot of…


Source link

About search

Check Also

You can't escape it now — Gemini is officially part of Gmail, Google Drive, Docs, Sheets, and Slides – TechRadar

You can't escape it now — Gemini is officially part of Gmail, Google Drive, Docs, Sheets, and Slides – TechRadar

[unable to retrieve full-text content]You can’t escape it now — Gemini is officially part of …

Leave a Reply

Your email address will not be published. Required fields are marked *