“We are hoping to become profitable next year, if not this year,” the Russia-born founder told the Financial Times. He added that the encrypted instant messaging service has 900 million monthly active users, up from 500 million at the beginning of 2021.
Telegram has crossed 900 million users and is nearing profitability as the company moves closer to a potential blockbuster initial public offering (IPO), according to founder Pavel Durov in an interview with the Financial Times.
In his first public interview since 2017, Durov said that Dubai-based Telegram had grown to become one of the world’s most popular social media apps while making “hundreds of millions of dollars” in revenues after introducing advertising and premium subscription services two years ago.
