Tencent Holdings Ltd
00700: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|bt | LOCK|?c | LOCK|d^K^n?$ |
Apple's App Store Fee Cut in China Is a Tailwind for Tencent and NetEase
Apple has cut the commission it charges game developers on its mainland China App Store to 25% from 30%, while reducing fees for mini app partner programs to 12% from 15%. The move follows Google's earlier settlement with Epic Games, which lowered the Google Play service fee to 20% from 30%.
