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Telegram founder: Total revenue this year exceeds $1 billion, cash reserves excluding cryptocurrencies exceed $500 million

Telegram founder: Total revenue this year exceeds $1 billion, cash reserves excluding cryptocurrencies exceed $500 million

CointimeCointime2024/12/23 12:11
By:Cointime

Pavel Durov, the founder of Telegram, announced on his personal Telegram channel that the number of Telegram Premium subscribers has doubled this year, exceeding 12 million, and advertising revenue has also increased several times. In addition, Telegram's total revenue in 2024 exceeds $1 billion, and its cash reserves at the end of the year exceed $500 million, not including encrypted assets. In the past four years, Telegram has issued about $2 billion in debt.

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