Spotify Rose Nearly 4% in Premarket Trading as Google Allowed Alternative In-App Payments for Spotify Users

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Spotify Rose Nearly 4% in Premarket Trading as Google Allowed Alternative In-App Payments for Spotify Users

Tiger Newspress2022-03-24

Spotify rose nearly 4% in premarket trading as Google allowed alternative in-app payments for Spotify users.Spotify has reached a deal with Google to offer an alternative payment method within its app for users, the latest sign of the weakening grip that app stores have over third-party software.

The streaming music service and Alphabet Inc.'s search giant announced the deal Wednesday, allowing Spotify's app within the Google Play Store to offer a choice between its alternative payment method and Google's own, which takes as much as a 30% share of revenue.

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Comment（5）

GuSen
·2022-03-25
Nice!
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Latu
·2022-03-24
this is great!
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ZenInv
·2022-03-24
An enemy is also an ally
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SRF
·2022-03-24
Excellent, both Google and Spot are worth buying.
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hitithard
·2022-03-24
K
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is great!","listText":"this is great!","text":"this is great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037258931","repostId":1148138552,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037267205,"gmtCreate":1648120715127,"gmtModify":1676534306353,"author":{"id":"4098783902581330","authorId":"4098783902581330","name":"ZenInv","avatar":"https://community-static.tradeup.com/news/033bd47e3df1977aaef462f53997e9f1","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"4098783902581330","authorIdStr":"4098783902581330"},"htmlText":"An enemy is also an ally&nbsp;","listText":"An enemy is also an ally&nbsp;","text":"An enemy is also an ally","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037267205","repostId":1148138552,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9037217638,"gmtCreate":1648114467233,"gmtModify":1676534305883,"author":{"id":"3560150351731715","authorId":"3560150351731715","name":"SRF","avatar":"https://static.itradeup.com/news/29100774abd7be80ab0151fdcf601657","vip":1,"hat":"https://static.tigerbbs.com/646756f1284a5a6480ed02cc4fa7d1d2","crmLevel":9,"crmLevelSwitch":1,"idStr":"3560150351731715","authorIdStr":"3560150351731715"},"htmlText":"Excellent, both Google and Spot are worth buying.","listText":"Excellent, both Google and Spot are worth buying.","text":"Excellent, both Google and Spot are worth 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