Apple cuts China App Store commission fees after government pressure
by Guardian staff and agency from World news | The Guardian on (#747GE)
The move, which lowers fees to 25%, is a breakthrough for Chinese developers Tencent and ByteDance
Apple announced late on Thursday it would lower the commission fees collected in its App Store in mainland China. The move follows pressure from regulators in the tech company's second-largest market, as well as global scrutiny of its payment requirements.
Fees for in-app purchases and paid transactions will be lowered to 25% from 30% starting on Sunday, Apple said in a statement on its blog for developers.
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