Telegram's revenue will exceed $1 billion in 2024, and its cash reserves will exceed $500 million
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Foresight News, Telegram founder Pavel Durov posted on his personal TG channel saying: "2024 will be a very good year for Telegram. Telegram has achieved profitability for the first time in its 3-year history. The number of Telegram Premium subscribers has tripled, exceeding 12 million. Advertising revenue has also grown several times. Telegram's total revenue in 2024 exceeded $1 billion, and its cash reserves exceed $500 million (excluding crypto assets)."
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