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Apple Cuts App Store Commission In China To 25% For Developers

New Commission Rates In China

Apple has announced a reduction in its App Store commission rate in China, lowering the fee from 30% to 25% for paid apps and in-app purchases. Additionally, the commission for auto-renewals will drop from 15% to 12% after the first year. This decision, made after discussions with Chinese regulators, will take effect on March 15, 2026, and does not require developers to accept new terms.

China’s Role In Apple’s Growth Strategy

The streamlined adjustment in China, executed without a prolonged public dispute, underlines the strategic importance of the Chinese market for Apple. Strong iPhone sales and revenue growth of 16% year-over-year in China, as reported in the first quarter, have contributed to a record-breaking quarter for the tech giant. This move reinforces Apple’s commitment to fair and transparent pricing for developers within one of its key markets.

Contrasting Global Regulatory Landscapes

While China experiences a relatively smooth transition, Apple’s dealings in other regions reveal more complex regulatory challenges. In the European Union, Apple has engaged in a protracted dialogue with regulators regarding commission structures, with ongoing adjustments and discussions noted in various reports. Meanwhile, in the United States, despite a legal battle with Epic Games that resulted in a ruling allowing developers to redirect users to alternative payment systems, Apple has maintained its existing commission structure, albeit with select discount programs for small businesses.

Documentation And Developer Terms

Apple said the updated commission rates are reflected in the Apple Developer Program License Agreement. The company said the revised structure in China will not exceed commission rates offered to developers in other markets.

Eurobank Wins Two Euromoney Awards Following Cyprus Merger

Eurobank has been named Cyprus’ Best Bank for 2026 by Euromoney, while also receiving the award for Best Bank for Large Corporates at the publication’s latest Awards for Excellence.

Merger Marks A Milestone

The awards recognise the bank’s performance during 2025, a year marked by the completion of the legal merger between Hellenic Bank and Eurobank Cyprus. The transaction created Eurobank Limited, which the group says is now Cyprus’ largest banking and insurance organisation, with assets exceeding €28 billion.

Euromoney’s Awards for Excellence evaluate banks’ performance over the previous calendar year, with this edition covering January 1 to December 31, 2025.

Lending, Customers And Digital Growth

Eurobank said its business lending portfolio expanded by around 17 per cent during 2025, while its customer base grew to more than 710,000 retail clients and 11,500 business customers.

The bank also continued its digital expansion, saying more than 96 per cent of transactions are now completed through digital channels, and most financing applications are submitted via its mobile app.

Expanding International Presence

Eurobank also highlighted the opening of its first representative office in India, describing the move as a step toward strengthening business links between Cyprus and India while supporting Cyprus’ role as a gateway to the European Union for Indian businesses and investors.

According to the bank, Euromoney recognised not only the successful completion of the merger but also its lending growth, digital transformation and contribution to Cyprus’ position as an international business and investment hub.

CEO On The Awards

“The Euromoney awards confirm Eurobank’s strong momentum and the successful implementation of our group’s strategy in Cyprus,” Chief Executive Michalis Louis said.

He said the merger strengthened the bank’s ability to support households, businesses and the wider economy, while highlighting continued investment in digital services and the opening of the representative office in India as key milestones during the year.

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