Telegram achieves first-ever profitability

Pavel Durov, the founder of Telegram, announced that the company has reached profitability for the first time in 2024, with total revenue exceeding $1 billion. This milestone comes three years after the platform began monetizing.

Telegram, which launched its premium subscription service in 2022, now boasts 12 million paying users. This marks a significant increase, as the number of premium subscribers has tripled this year.

Durov revealed that Telegram had nearly $2 billion in debt over the past four years.