Telegram’s total revenue for the year exceeded US$1 billion, and its cash reserves at the end of the year exceeded US$500 million.

PANews reported on December 23 that Telegram founder Pavel Durov posted on his personal channel that Telegram will achieve profitability for the first time in 2024, marking an important milestone in its three-year commercialization history. This year, the number of Telegram Premium subscribers has tripled, exceeding 12 million, and advertising revenue has also increased severalfold. Total revenue for the year exceeded $1 billion, and year-end cash reserves exceeded $500 million (excluding crypto assets).

Telegram has issued about $2 billion in bonds over the past four years and repaid some of that debt this fall, taking advantage of favorable bond prices. Several commercialization innovations launched this year, such as ⭐️ Stars, 🎁 Gifts, 🪙 Giveaways, 🖥 Mini Apps, 🤝 Affiliate Platform, 💼 Telegram Business and 📥 Telegram Gateway, etc., prove that social media platforms can maintain independence and respect the rights of users. At the same time, achieve financial sustainability. Durov emphasized that the goal of monetization is to ensure that users remain Telegram’s top priority.