Economics

Telegram has become profitable for the first time in 3 years of monetization

23 December 2024 14:26
social networks, Telegram
Illustrative photo / Shutterstock

In 2024, the number of Telegram Premium subscribers tripled, exceeding 12 million, and advertising revenues “increased several times”. This was stated by the founder of Telegram Pavel Durov. 

According to him, Telegram’s total revenue in 2024 exceeded one billion dollars. He added that the company is “closing the year with more than $500 million in cash reserves, excluding crypto assets.”

“For the first time in the three-year history of monetization, Telegram has become profitable,” Durov said. 

Durov also believes that the example of Telegram shows that “social networks can achieve financial sustainability while remaining independent and respecting the rights of users.”


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