Han Seong-suk, Naver CEO, says "Google should contribute to the Korean market generating significant revenue"

[Asia Economy Reporter Buaeri] Han Seong-suk, CEO of Naver, criticized Google, which is controversial for its 30% commission and mandatory in-app payment policy, saying, "We need to consider the parts where it can contribute to the Korean market."

At an online press conference held on the 24th, CEO Han said, "App market operators have absolute influence in the mobile app market," and added, "Google's commission policy changes have a significant impact on the domestic creative environment."

She continued, "I think there needs to be a careful approach on how to create a good market and ecosystem for both creators and consumers," and argued, "If Google provides not only payment methods but also various options, it will help creators grow in the domestic market."

CEO Han emphasized, "Google needs to consider more carefully in various ways," and said, "Since it is clear that Google earns a lot of revenue in South Korea, I think there should also be consideration of the parts where it can contribute to the Korean market."

Earlier, Google announced that payments made when using apps distributed through Google Play must use its own system (in-app payment), and that it would take a 30% commission. This policy, which had been applied to game apps, was expanded to content areas such as music, videos, and webtoons.

In response to continued domestic opposition, Google postponed the enforcement date of the 30% payment commission and mandatory in-app payment policy for new apps, which was originally scheduled for January next year. Google announced the day before, "According to the recent clarification of the Google Play payment policy, the grace period for a small number of new content apps affected will be extended until September 30, 2021." Initially, Google planned to apply mandatory Google Play in-app payments from January 20 for newly registered apps and from the end of September next year for existing apps.

This content was produced with the assistance of AI translation services.