New York Times:

In a first, Telegram is set to be profitable in 2024, with $1B+ in revenue, up from ~$350M in 2023, and $500M in cash, as it grapples with billions in debt  —  Even as Telegram faces legal scrutiny and grapples with billions in debt, it is set to be profitable for the first time as it tries cryptocurrencies, subscriptions and ads.

New York Times:

In a first, Telegram is set to be profitable in 2024, with $1B+ in revenue, up from ~$350M in 2023, and $500M in cash, as it grapples with billions in debt  —  Even as Telegram faces legal scrutiny and grapples with billions in debt, it is set to be profitable for the first time as it tries cryptocurrencies, subscriptions and ads.

Source: TechMeme
Source Link: http://www.techmeme.com/241223/p8#a241223p8