MS Lowers Commercial Marketplace Fees from 20% to 3%
[Asia Economy Reporter Kang Nahum] Microsoft (MS) is significantly reducing the commission fees for its B2B (business-to-business) app store.
On the 15th, MS announced changes to its commercial marketplace commission policy at the online partner conference "Microsoft Inspire 2021."
All app commissions issued on Microsoft's digital stores, Azure Marketplace and Microsoft AppSource, will be reduced from the existing 20% to 3%.
Azure Marketplace offers apps and services running on MS Azure, while AppSource is a B2B marketplace providing enterprise Software as a Service (SaaS).
These commercial marketplaces offer over 30,000 apps and services monthly and engage 4 million shoppers. The number of tradable apps is increasing by 70% annually.
Hot Picks Today
If They Fail Next Year, Bonus Drops to 97 Million Won... A Closer Look at Samsung Electronics DS Division’s 600M vs 460M vs 160M Performance Bonuses
- Opening a Bank Account in Korea Is Too Difficult..."Over 150,000 Won in Notarization Fees Just for a Child's Account and Debit Card" [Foreigner K-Finance Status]②
- "Profit Distribution Without Shareholders’ Approval Is Invalid"... Samsung Electronics Shareholder Group Announces Lawsuit Over 'Provisional Agreement'
- Room Prices Soar from 60,000 to 760,000 Won and Sudden Cancellations: "We Won't Even Buy Water in Busan" — BTS Fans Outraged
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
MS explained, "We are changing the commission policy to provide partners with higher margins and to simplify the commission structure."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.