Pavel Durov reported on Telegram's financial success in 2024
Date: 2024-12-24 Author: Gabriel Deangelo Categories: BUSINESS
Durov noted that over the past year, the number of Telegram Premium users has tripled and exceeded 12 million. In addition, there was an increase in advertising revenue. The founder emphasized that at the end of the year, the messenger's cash reserves amounted to more than $500 million, while cryptocurrency assets are not taken into account.
According to him, over the past four years, the company has attracted about $2 billion through debt financing. This fall, Telegram partially repaid its debts, taking advantage of favorable market conditions for bonds.
In the future, Telegram intends to continue introducing new monetization methods, striving to maintain financial independence and ensure respect for user rights.
Earlier, the Financial Times reported that operations with the Toncoin cryptocurrency helped create a financial cushion for the messenger.
In November, the company released a major update focused on the development of mini-apps, strengthening interaction with users and expanding the functionality of the platform.
