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Telegram Became Profitable for the First Time in 2024, Revenue Exceeded $1 Billion
Department: IT News
December 23, 2024 — Telegram messenger became profitable for the first time in its history. This was announced by the company’s founder, Pavel Durov, in his Telegram channel as he summarized the results of 2024. According to him, this year has been “very successful” for the platform.
Key achievements of Telegram in 2024:
● Profitability: For the first time in its history, Telegram reached a profitable level.
● Growth in Telegram Premium subscribers: The number of paid subscribers exceeded 12 million, reflecting the increasing popularity of the premium subscription.
● Revenue: Telegram's total revenue in 2024 exceeded $1 billion.
● Cash reserves: The company ended the year with more than $500 million in cash reserves.
These successes demonstrate steady growth and successful monetization of the platform. Telegram continues to strengthen its position in the messenger market by offering a wide range of features and possibilities to users.