#Durov the billionaire investor of Ton Blockchain:
đź As I predicted, 2024 turned out to be a very good year for Telegram. For the first time in its 3-year history of monetization, Telegram became profitable đ
đ This year, the number of Telegram Premium subscribers tripled, exceeding 12 million. Our ad revenue also increased a few times. As a result, Telegram's total revenue in 2024 surpassed $1 billion, and we are closing the year with more than $500 million in cash reserves, not including crypto assets đȘ
đŠ Over the past four years, Telegram has issued about $2 billion in debt. We repaid a meaningful share of it this Fall, taking advantage of favorable prices for the Telegram bonds. But thereâs a lot of work ahead đšâđ»
âïž Our innovations in monetization this year (âïž Stars, đ Gifts, đȘ Giveaways, đ„ Mini Apps, đ€ the Affiliate Platform, đŒ Telegram Business, and đ„ Telegram GatewayâŠ) demonstrate that social media platforms can achieve financial sustainability while staying independent and respecting users' rights.
đŻ The purpose of monetization is to ensure that you, our users, will always remain our #ïžâŁ1ïžâŁ priority đ«
