When your CEO is detained on charges related to illegal content it wouldn’t seem to be a great time for a social media business. For Telegram, at least, the business is showing signs of life. In 2024, it broke a profit for the first time and revenue topped $1b.
www.nytimes.com/2024/12/23/t...
Under Pressure, Telegram Turns a Profit for the First Time (Gift Article)
Even as Telegram faces legal scrutiny and grapples with billions in debt, it is set to be profitable for the first time as it tries cryptocurrencies, subscriptions and ads.