Wu said that Telegram founder Pavel Durov stated that 2024 is the first year in three years that Telegram will achieve profitability, with annual revenue exceeding 1 billion dollars, and the number of Telegram Premium subscribers growing to 12 million. At the same time, Telegram's cash reserves exceed 500 million dollars at the end of the year (excluding crypto assets). Telegram has issued approximately 2 billion dollars in debt cumulatively, repaying part of it this autumn and planning to continue optimizing its debt structure in the future.