Telegram founder: Total revenue this year exceeds $1 billion, cash reserves excluding cryptocurrencies exceed $500 million
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Do Kwon Extradited to the US, Court Filing Reveals Victims Could Exceed One Million
Bitcoin retreats from $102K high amid hot job data and Federal Reserve projections
Bitcoin gurus see these BTC price levels hitting next as $100K holds
XRP market cap of $500B 'possible' within 6 weeks, says veteran trader