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Telegram has turned a profit for the first time and generated $1 billion in revenue.
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23.12.2024 16:53
Telegram's CEO, Pavel Durov, announced that for the first time since the app transitioned to a monetization model three years ago, they have achieved profitability and generated over $1 billion in revenue. According to Durov's statements, the number of Telegram Premium users has tripled this year, surpassing 12 million.
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The founder and CEO of Telegram, Pavel Durov, announced that for the first time since the app transitioned to a monetization model three years ago, it has turned a profit and generated over 1 billion dollars in revenue this year.
Durov stated in a written statement made via Telegram that the number of Telegram Premium users has tripled this year, exceeding 12 million. "2024 WILL BE A VERY GOOD YEAR"Durov pointed out that Telegram's advertising revenue has also increased, stating, "Telegram's total revenue in 2024 exceeded 1 billion dollars, and we are closing the year with over 500 million dollars in cash reserves, excluding crypto assets." He also mentioned that Telegram's debts have been significantly paid off, evaluating, "As I predicted, 2024 will be a very good year for Telegram, and for the first time in the three-year history of the monetization model, it has become profitable." The monthly active user count of Telegram, one of the world's popular instant messaging and social media applications, has reached 900 million.
Durov was detained on August 24 at Bourget Airport in Paris as he exited his private jet, on the grounds of accessing illegal content on Telegram.HE WAS BANNED FROM LEAVING FRANCEThe Paris Prosecutor's Office announced that Durov, who faced 12 different charges, was released on August 28 by a court after a 96-hour detention period, under the condition of a 5 million euro bail and judicial control, and that he would be tried without detention and was banned from leaving French territory.
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