Telegram's total annual revenue exceeded US$1 billion, and its cash reserves exceeded US$500 million at the end of the year
Telegram founder Pavel Durov posted on his personal channel that Telegram achieved profitability for the first time in 2024, marking an important milestone in its three-year history of commercialization. The number of Telegram Premium subscribers grew threefold this year, exceeding 12 million, and advertising revenue also grew several times. Total annual revenue exceeded $1 billion, and the year-end cash reserve exceeded $500 million (excluding crypto assets).
