Telegram
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Telegram reports first annual profit of US$540 million in 2024 amid founder’s legal challenges
For the first time since its founding in 2013, the messaging platform Telegram closed the year 2024 with a profit of US$540 million, marking a significant turnaround from a US$173 million loss in 2023.
Telegram’s Revenue Exceeds US$1 Billion in 2024
In 2024, the messaging app Telegram achieved significant financial success, becoming profitable for the first time. Founder and CEO Pavel Durov announced that Telegram’s revenue exceeded US$1 billion, and its cash reserves at the end …