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Google says it offers more than $10 billion in consumer benefits in S Korea
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Google says it offers more than $10 bln in consumer benefits in S Korea
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Google Says It Offers More Than $10 Billion in Consumer Benefits in South Korea
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[Reporter s notebook] Platform giants may need to rethink strategy
Posted : 2021-01-14 13:16
By Kim Bo-eun
An image of Google Play store / Courtesy of GoogleThe departure of Google Korea CEO John Lee and the appointment of new chief Kim Kyoung-hoon is drawing attention back to the controversy surrounding the Google Play store s fee policy.
Beginning this year, Google will charge all app developers a 30 percent fee on payments made by customers to them via Google Play. Currently, only mobile game developers are subject to this.
In Korea, the introduction of the policy was pushed back to October, after a strong backlash from firms in the IT industry here. Lawmakers have proposed revisions to regulations that would block Google s move.