Sunday, 26 September 2021

Google to slash amount it keeps from sales on its cloud marketplace

Alphabet Inc's (GOOGL.O) Google will take a smaller cut when customers buy software from other vendors on its cloud marketplace, CNBC reported on Sunday. The Google Cloud Platform is cutting its percentage revenue share to 3% from 20%, CNBC said, citing a person familiar with the matter. Read more: Google locks Afghan government accounts as Taliban seek emails "Our goal is to provide partners with the best platform and most competitive incentives in the industry. We can confirm that a change to our Marketplace fee structure is in the works and we'll have more to share on this soon," a Google Cloud spokesperson said in a statement to Reuters. Earlier this year, Google cut the service fee it charges developers on its app store by half on the first $1 million they earn in revenue in a year.

from Latest Technology News, Tech News Pakistan | eTribune

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