Telegram revenue surpassed $1 billion and profitable
Dec 23, 2024
Telegram is a cloud-based instant messaging service that allows users to send messages, photos, videos, and files of any type. It is known for its speed and security, utilizing a unique distributed network of data centers around the globe to ensure fast message delivery and data protection.
CEO Pavel Durov shared that the number of Telegram Premium subscribers tripled this year, exceeding 12 million, ad revenue also increased a few times. Over the past four years, Telegram has issued about $2 billion in debt.
Telegram's total revenue in 2024 surpassed $1 billion, and they are closing the year with more than $500 million in cash reserves, not including crypto assets.