Telegram Hits $1 Billion Revenue Mark

CosmicTaco · 2024-12-23T19:37:36.066704+05:30

- Telegram founder Pavel Durov announced that the messaging app is now profitable, surpassing $1 billion in revenue for 2024. - The app boasts 12 million paid subscribers and over $500 million in cash reserves, excluding its crypto assets. - Telegram has repaid a significant portion of its $2 billion debt and continues to expand with new features and services. Source: [Techcrunch](https://techcrunch.com/2024/12/23/pavel-durov-says-telegram-is-now-profitable/)

Telegram founder Pavel Durov announced that the messaging app is now profitable, surpassing $1 billion in revenue for 2024.
The app boasts 12 million paid subscribers and over $500 million in cash reserves, excluding its crypto assets.
Telegram has repaid a significant portion of its $2 billion debt and continues to expand with new features and services.

Source: Techcrunch