Google said to cut the amount it keeps sales in its cloud marketplace

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Google will take a smaller discount when customers buy software from other vendors in its cloud marketplace, CNBC reported on Sunday.

The Google Cloud platform is reducing its percentage revenue share from 20 to 3 percent, CNBC said, citing someone familiar with the matter.

“Our goal is to provide partners with the best platform and the most competitive incentives in the industry. We can confirm that a change to our Marketplace pricing structure is underway and we will have more to share about it soon,” a said Google Cloud. the spokesperson said in a statement to Reuters.

Earlier this year, Google halved the service fee charged to developers on its app store on the first million dollars (about 7.3 crore rupees) they earn in revenue in a year. Google said it would cut app store fees to 15%, down from 30% effective July 1, a move affecting most developers of its app store.

In contrast, Apple said in November last year that it plans to cut its commissions only for developers who earn $ 1 million (roughly Rs 7.3 crore) or less in a year from its app store. .

© Thomson Reuters 2021


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