The founder of Telegram has now shared that the messaging company has finally reached the profitable phase this year. For this year alone, Telegram Messenger's revenue has reached over $1 billion. At the same time, it was also shared that the messaging service now has 12 million paid users.
The founder of Telegram himself has previously expressed his intention to list the company for a public offering (IPO). In parallel, Telegram has looked at a number of methods to increase their revenue, including starting to display ads in the application, in addition to selling paid plans, and also expanding the offering with cryptocurrency integration to enable mini-applications, Stars and so on to enable creators to generate income.
Sharing further, the founder of Telegram also emphasized that with the achievement of this phase, it also shows that social platforms can also reach a profitable and good financial phase by remaining independent and respecting user rights.
Telegram is now profitable 🏆
📈 This year, the number of Telegram Premium subscribers tripled, exceeding 12 million. Our ad revenue also increased a few times. Telegram's total revenue in 2024 surpassed $1 billion, and we are closing the year with more than $500 million in cash...
— Pavel Durov (@durov) December 23, 2024