Telegram’s Path to Profitability: Revenue Growth and New Ventures

Telegram’s revenue surpassed $1 billion in 2024, marking a major financial turnaround. Premium subscriptions and crypto ventures helped drive Telegram’s profitability growth. Legal scrutiny persists as Telegram intensifies efforts to moderate illicit content. Telegram has hit a significant milestone in 2024 by becoming profitable, a feat it had struggled to achieve in previous years. Founder and CEO Pavel Durov pointed out that after facing financial challenges, legal scrutiny, and growing debts, the messaging platform has finally crossed the $1 billion revenue mark. This achievement is a dramatic turnaround from its previous revenue of approximately $350 million in 2023. So, how did they do it? Telegram’s profitability is the outcome of a combination of new monetization strategies and improved financial management, despite its ongoing challenges. Telegram is now profitable This year, the number of Telegram Premium subscribers tripled, exceeding 12 million. Our ad revenue also increased a few times. Telegram's total revenue in 2024 surpassed $1 billion, and we are closing the year with more than $500 million in cash… — Pavel Durov (@durov) December 23,… The post Telegram’s Path to Profitability: Revenue Growth and New Ventures appeared first on Coin Edition .