Telegram reaches 900 million users, nears profitability, and considers IPO for democratizing value.
Telegram, the secretive messaging app, has reached 900 million users and is on the brink of profitability, according to its owner Pavel Durov. The Dubai-based company has seen growth in revenue, making "hundreds of millions of dollars" since introducing advertising and premium subscription services two years ago. Durov has expressed interest in a potential initial public offering (IPO) as a means to democratize access to Telegram's value.
March 11, 2024
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