Telegram has achieved a significant financial milestone by turning a profit for the first time, yet it continues to face legal and social challenges.
Telegram's Financial Success
Once struggling to generate income, Telegram now reports over $1 billion in revenue for 2024 and holds $500 million in cash reserves, boasting a user base of over 900 million globally.
Charges Against Pavel Durov
Despite its financial achievements, Telegram's founder, Pavel Durov, is under investigation by French authorities, accused of enabling illegal content on his platform. Additionally, Telegram is criticized for hosting misinformation and extremist activities.
Monetizing Telegram and Cryptocurrency
Telegram has leaned into monetization through its Telegram Premium subscription and cryptocurrency transactions, earning significant revenue through strategic partnerships and crypto features integration.
Telegram's financial progress is overshadowed by challenges threatening its reputation and usage worldwide.
