‘Telegram Is Now Profitable’: CEO Pavel Durov Announces Platfrom’s Premium Subscribers Tripled in 2024 to 12 Million, Total Revenue Crossed USD 1 Billion
Telegram CEO Pavel Durov announced the platform was profitable, with rise in premium subscribers tripling to 12 million in 2024 and total revenue surpassing USD 1 billion.
Pavel Durov has announced that Telegram achieved new heights in 2024 with a three-fold increase in the number of "Telegram Premium subscribers" exceeding 12 million and earning total revenue beyond USD 1 billion. The Telegram CEO said the platform closed with over USD 500 million in cash reserves without counting crypto assets. The company also paid its debt this year and focused on the innovations while respecting the users' rights. Pavel Durov said, "Telegram is now profitable". Grok Mobile App Launched: Elon Musk’s xAI Rolls Out App for Its AI Chatbot on iOS Platform, Allows Users To Access All Features Previously Available on X.
Telegram Gets New Premium Subscribers, Generates Higher Revenue In 2024, Said CEO Pavel Durov
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