Apple’s App Store ecosystem in China generated ¥3.76 trillion ($519.2bn) in developer billings and sales last year, with developers retaining over 95% of the revenue.
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Geek Alliance LLCAs reported by Yicai Global, this marks a significant increase from ¥1.65 trillion ($226bn) in 2019. Apple disclosed the figures for the first time based on a report by Ju Heng, an associate professor at Shanghai University of Finance and Economics. … [MORE]
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1 Comment
Wow, those numbers are insane! It’s wild to see how much the App Store in China has exploded, going from ¥1.65 trillion to ¥3.76 trillion in just a few years. That’s a huge leap! It’s also awesome that developers are keeping over 95% of that revenue. It really shows how much potential there is for indie devs and smaller studios to thrive in that ecosystem. Makes you wonder what kind of innovative games and apps will come out next with all that cash flowing around. Can’t wait to see what the future holds!