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Pavel Durov says Telegram is now profitable
Telegram founder Pavel Durov said Monday that the company is now profitable. Durov said the chat app's total revenue surpassed $1 billion in 2024. The
Durov also said that the app is finishing the year with more than $500 million in cash reserves, without counting its crypto assets. The Telegram CEO said that the company has repaid a significant amount of its debt bonds this fall. We repaid a meaningful share of it this Fall, taking advantage of favorable prices for the Telegram bonds.
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