Categories: Enterteiment

Telegram will be profitable in 2024: a historic first for messaging

Spread the love

© Amin Moshrefi/Unsplash

After years of failure, Telegram has just found the path to profitability. Enough to put a smile on the face of Pavel Durov, its CEO and founder, who gave more details on the subject on the social network X. Let's take stock.

Very encouraging figures

The leader therefore confirmed the good news: “As I predicted, 2024 turned out to be a very good year for Telegram. For the first time in three years of monetization, Telegram has become profitable “.

He says Telegram issued about $2 billion in debt to fund these activities, and a significant portion of it was repaid this fall ” taking advantage of favorable Telegram bond prices “. This allows the company to end the year with $500 million in cash reserves, not counting the crypto assets it holds.

This good news was made possible by the success of the Premium subscription offered by Telegram at 5 euros per month. The number of customers has tripled this year to reach 12 million out of approximately 950 million active users, specifies Les Échos.

200% Deposit Bonus up to €3,000 180% First Deposit Bonus up to $20,000

It should also be noted that Telegram has 50 full-time employees and was financed mainly through the equity of its CEO Pavel Durov. Finding new sources of revenue had become essential for this messaging service if it wanted to survive in the long term.

Telegram responds to criticism

As a reminder, Telegram's year was quite turbulent after the arrest of its CEO, Pavel Durov in France. The French justice system thus accuses him of allowing criminal activities to flourish on the service without doing enough in terms of moderation and cooperation with the authorities. Since his release, vigilance regarding illegal content seems to have increased considerably on the service. To learn more about this, you can reread our previous article here.

For the rest, the application has also been accused of maintaining disinformation networks on a global scale. Here again, Telegram intends to show its credentials in the fight against fake news. Quoted by Bloomberg, Devon Spurgeon, a spokesperson for Telegram, thus underlines:

We do this by providing users with only the content they subscribe to and by offering a verification system to help users identify official channels. We also do not use algorithms that favor sensational content.

📍 To never miss any Presse-citron news, follow us on Google News and WhatsApp.

M15.0 reviews

[ ]

Teilor Stone

Teilor Stone has been a reporter on the news desk since 2013. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining Thesaxon , Teilor Stone worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my teilor@nizhtimes.com 1-800-268-7116

Recent Posts

“Bitcoin at $200,000”: Discover the crypto trends for 2025

© Photo By: Kaboompics.com/Pexels Buoyed by a favorable political backdrop in the United States and…

30 minutes ago

Retards des TGV sur la ligne Sud-Est : la SNCF confirme le suicide d’un conducteur de train

La cause des importants retards de TGV sur la ligne à grande vitesse Sud-Est, dans la…

30 minutes ago

Depuis 1964, ce salon de coiffure de la Placette bichonne quatre générations

Annie Delamare a imaginé cette année un sapin haute couture. MLG Fondé par Josette Sabouraud,…

30 minutes ago

TGV delays on the South-East line: SNCF confirms the suicide of a train driver

The cause of the major TGV delays on the South-East high-speed line, during the night…

30 minutes ago

Since 1964, this hair salon in La Placette has been pampering four generations

Annie Delamare a imaginé cette année un sapin haute couture. MLG Founded by Josette Sabouraud,…

30 minutes ago

“Bitcoin at $200,000”: Discover the crypto trends for 2025

© Photo By: Kaboompics.com/Pexels Buoyed by a favorable political backdrop in the United States and…

2 hours ago