๐ฎ As I predicted, (https://t.me/durov/243) 2024 turned out to be a very good year for Telegram. For the first time in its 3-year history of monetization, Telegram became profitable ๐
๐ This year, the number of Telegram Premium subscribers tripled, exceeding 12 million. Our ad revenue also increased a few times. As a result, Telegram's total revenue in 2024 surpassed $1 billion, and we are closing the year with more than $500 million in cash reserves, not including crypto assets ๐ช
๐ฆ Over the past four years, Telegram has issued about $2 billion in debt. We repaid a meaningful share of it this Fall, taking advantage of favorable prices for the Telegram bonds. But thereโs a lot of work ahead ๐จโ๐ป
โ๏ธ Our innovations in monetization this year (โญ๏ธ Stars, ๐ Gifts, ๐ช Giveaways, ๐ฅ Mini Apps, ๐ค the Affiliate Platform, ๐ผ Telegram Business, and ๐ฅ Telegram Gatewayโฆ) demonstrate that social media platforms can achieve financial sustainability while staying independent and respecting users' rights.
๐ฏ The purpose of monetization is to ensure that you, our users, will always remain our #๏ธโฃ1๏ธโฃ priority ๐ซ