{"id":647519,"date":"2024-12-24T00:10:17","date_gmt":"2024-12-23T21:10:17","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/telegram-founder-says-messaging-app-profitable-for-first-time\/"},"modified":"2024-12-24T00:10:17","modified_gmt":"2024-12-23T21:10:17","slug":"telegram-founder-says-messaging-app-profitable-for-first-time","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/telegram-founder-says-messaging-app-profitable-for-first-time\/","title":{"rendered":"#Telegram founder says messaging app profitable for first time"},"content":{"rendered":"
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The founder and chief executive of the Telegram encrypted messaging app<\/a> Pavel Durov said on Monday that the platform had recorded a net profit for the first time in 2024, with annual revenue exceeding $1 billion.<\/p>\n

“As I predicted, 2024 turned out to be a very good year for Telegram. For the first time in its 3-year history of monetisation, Telegram became profitable,” Durov announced on his Telegram channel.<\/p>\n

The messaging app, which says it has over 950 million users worldwide, had previously operated without fees but began offering paid subscriptions and showing adverts in 2021.<\/p>\n

Durov said the move had helped reach revenues exceeding $1 billion, with subscribers to the app’s premium service trip<\/a>ling to 12 million.<\/p>\n

Dubai-headquartered Telegram had more than $500 million in cash reserves, excluding cryptocurrency assets, Durov said.<\/p>\n

The company did not appear to have published any annual accounts to accompany Durov’s statement.<\/p>\n

In August, the Russian-born Durov was arrested in France and charged with failing to curb extremist and illegal content on Telegram.<\/p>\n

Durov, who has French citizenship, was released under strict bail conditions, including reporting to a police station twice a week and not leaving French territory.<\/p>\n

In September, the 40-year-old billionaire criticized the French authorities and called their approach misguided.<\/p>\n

He nevertheless admitted that the platform’s rapid growth had allowed criminals to “misuse” the app more easily.<\/p>\n

Durov also said the company’s staff had begun using artificial intelligence to ensure “problematic content” in the app’s search feature “is no longer accessible”.<\/p>\n

However, he insisted that “99.999 percent” of users were not involved in criminal activity.<\/p>\n

\n \u00a9 2024 AFP\n <\/p>\n

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\n Citation<\/strong>:
\n Telegram founder says messaging app profitable for first time (2024, December 23)
\n retrieved 23 December 2024
\n from https:\/\/techxplore.com\/news<\/a>\/2024-12-telegram-founder-messaging-app-profitable.html\n <\/p>\n

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