Apple is cutting App Store developer fees in China from March 15th, dropping its typical commission on purchases from 30 percent down to 25 percent. The decision was made following “discussions with the Chinese regulator,” according to Apple’s announcement, suggesting that the reduction aims to avoid regulatory intervention after China reportedly considered opening a formal investigation into the iPhone maker’s App Store fees and policies in early February.
The fee updates will apply to the App Store on both iOS and iPadOS. The commission rate for small businesses and mini app developers will also fall from 15 percent to 12 percent. This is …
Read the full story at The Verge.
