Will's Blog: In a first, Telegram is set to be profitable in 2024, with $1B+ in revenue, up from ~$350M in 2023, and ending 2024 with $500M in cash, as it grapples with debt (New York Times)

23 December 2024

In a first, Telegram is set to be profitable in 2024, with $1B+ in revenue, up from ~$350M in 2023, and ending 2024 with $500M in cash, as it grapples with debt (New York Times)

New York Times:
In a first, Telegram is set to be profitable in 2024, with $1B+ in revenue, up from ~$350M in 2023, and ending 2024 with $500M in cash, as it grapples with 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.

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