• Telegram’s revenue surpassed $1 billion in 2024, marking a major financial turnaround.
• Premium subscriptions and crypto ventures helped drive Telegram’s profitability growth.
• Legal scrutiny persists as Telegram intensifies efforts to moderate illicit content.

Telegram has hit a significant milestone in 2024 by becoming profitable, a feat it had struggled to achieve in previous years. Founder and CEO Pavel Durov pointed out that after facing financial challenges, legal scrutiny, and growing debts, the messaging platform has finally crossed the $1 billion revenue mark. 

This achievement is a dramatic turnaround from its previous revenue of approximately $350 million in 2023. So, how did they do it? Telegram’s profitability is the outcome of a combination of new monetization strategies and improved financial management, despite its ongoing challenges.

The post Telegram’s Path to Profitability: Revenue Growth and New Ventures appeared first on Coin Edition.

• Telegram’s revenue surpassed $1 billion in 2024, marking a major financial turnaround.
• Premium subscriptions and crypto ventures helped drive Telegram’s profitability growth.
• Legal scrutiny persists as Telegram intensifies efforts to moderate illicit content.

Telegram has hit a significant milestone in 2024 by becoming profitable, a feat it had struggled to achieve in previous years. Founder and CEO Pavel Durov pointed out that after facing financial challenges, legal scrutiny, and growing debts, the messaging platform has finally crossed the $1 billion revenue mark. 

This achievement is a dramatic turnaround from its previous revenue of approximately $350 million in 2023. So, how did they do it? Telegram’s profitability is the outcome of a combination of new monetization strategies and improved financial management, despite its ongoing challenges.

The post Telegram’s Path to Profitability: Revenue Growth and New Ventures appeared first on Coin Edition.