Pavel Durov says Telegram is now profitable
Telegram has become profitable, surpassing $1 billion in revenue in 2024, with 12 million paid users from its premium service.
MAIN POINTS
- Telegram founder Pavel Durov announced the company's profitability.
- The app's total revenue exceeded $1 billion in 2024.
- Telegram's premium subscription service, launched in 2022, has 12 million paid users.
- The company is ending the year with over $500 million.
TAKEAWAYS
- Telegram's financial success marks a significant milestone for the company.
- The premium subscription model has contributed significantly to revenue growth.
- Achieving profitability indicates a sustainable business model.
- The substantial user base for the premium service suggests strong market demand.