11 years, 950 million users … Telegram reports its first ever profit

Telegram has made its first profit in 2024, earning over $1 billion from ads and subscriptions. Despite global scrutiny over its content moderation, the messaging service with 950 million users remains financially stable with $500 million in cash reserves. The company is addressing regulatory challenges by expanding its moderation team and repaying significant portions of its debt.

11 years, 950 million users … Telegram reports its first ever profit
Telegram has made its first profit in 2024, earning over $1 billion from ads and subscriptions. Despite global scrutiny over its content moderation, the messaging service with 950 million users remains financially stable with $500 million in cash reserves. The company is addressing regulatory challenges by expanding its moderation team and repaying significant portions of its debt.