Around the Net
Google Slashes In-App Commission Rate In South Korea
Google Korea reportedly told the parliamentary committee on science and technology in South Korea that it will reduce the 30% commission rate on in-app purchase to 15% for app developers with
less than $1 million in annual net sales on its platform beginning in July. These developers typically account for 99% of the revenue generated from Google Play Store in the country. Will others
countries follow?
