In a significant financial turnaround, Telegram, the popular messaging app, has announced it is now profitable. The company’s founder, Pavel Durov, revealed that Telegram’s total revenue exceeded $1 billion in 2024. This achievement comes after the introduction of a premium subscription service in 2022, which now boasts 12 million paid users. The app is also concluding the year with over $500 million in cash reserves, not including its cryptocurrency holdings. Durov highlighted that the company has managed to repay a substantial portion of its $2 billion debt this fall, taking advantage of favorable bond prices. Despite these financial successes, Durov emphasized that there is still much work to be done. Telegram, with over 950 million monthly active users, has expanded its offerings to include business features, an ad revenue sharing service, and a mini app store, aiming for future profitability and a potential public offering.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
