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Apple cuts commission fees collected from App Store in China, Reuters says

Apple (AAPL) plans to lower the commission fee collected by the company from its App Store in China, with fees for in-app purchases and paid transactions being lowered from 30% to 25%, Laurie Chen of Reuters reports. Additionally, in-app purchases for developers belonging to the company’s small business and mini apps partner programs will be lowered from 15% to 12%.

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