Google Inc (NASDAQ:GOOGL) is in a push to have more app experts from Japan, Rosalind Chin said in a discussion with Rishaad Salamat on Bloomberg’s “On The Move”.
Bloomberg, in a recent report, said that Chris Yerga, Google Inc (NASDAQ:GOOGL)’s Asia head for the Play Store, has told them that the technology giant is boosting support for app makers from Japan to launch their products outside of the country.
“Google is boosting support to app developers [in Japan]for example translation services [and]also analytics so it can help bring these apps to outside markets,” Chin explained.
According to the Bloomberg reporter, Google Inc (NASDAQ:GOOGL) gets a 30% cut on the price of applications sold through their Google Play Store and Japan is the world’s biggest market by revenue for apps even though the country has fewer mobile users than other countries like the U.S.
Chin said that developers in Japan have figured out a way for users to pay for in-game items like clothes or other supplies. This expertise is what the internet giant wants to foster and benefit from.
Nonetheless, Chin also noted that Apple Inc. (NASDAQ:AAPL) still generates more revenue from their app store. This is despite Google Inc (NASDAQ:GOOGL)’s Android being the most dominant mobile operating system in the world. Both companies do not disclose how much they earn through their app stores but Chin said that Google has reportedly paid $5 billion to app developers while Apple has reportedly paid $10 billion.
In the Bloomberg interview, Yerga told the publication: “Japan has always created great content. For the longest time it was only available on certain consoles. Now, with a platform like Android, we want to open that content to a billion people.”
Google Inc (NASDAQ:GOOGL)’s shareholders includes Boykin Curry’s Eagle Capital Management which reported by the end of the second quarter of the year a stake that has 791,934 Class A shares of the company.