9️⃣0️⃣0️⃣ Telegram reached 900 million monthly users.
Half of these 900 millions users open Telegram daily. According to DataAI, Telegram is the 🚩th most used and 🚩th most downloaded app in the world.
What’s more — Telegram was cash flow positive in the 1st quarter of 2024 and is on track to become profitable this year. This solidifies our position as an independent company that puts its users first.
When we started developing Telegram 12 years ago, we believed that people are inherently smart. And smart people will always choose the freedom and quality of Telegram over the restrictions and mediocrity of legacy apps. It seems we were right.
We’ve always believed in you. Thank you for believing in us too🙏
9️⃣0️⃣0️⃣ Telegram reached 900 million monthly users.
Half of these 900 millions users open Telegram daily. According to DataAI, Telegram is the 🚩th most used and 🚩th most downloaded app in the world.
What’s more — Telegram was cash flow positive in the 1st quarter of 2024 and is on track to become profitable this year. This solidifies our position as an independent company that puts its users first.
When we started developing Telegram 12 years ago, we believed that people are inherently smart. And smart people will always choose the freedom and quality of Telegram over the restrictions and mediocrity of legacy apps. It seems we were right.
We’ve always believed in you. Thank you for believing in us too🙏
Telegram, which does little policing of its content, has also became a hub for Russian propaganda and misinformation. Many pro-Kremlin channels have become popular, alongside accounts of journalists and other independent observers. "There are a lot of things that Telegram could have been doing this whole time. And they know exactly what they are and they've chosen not to do them. That's why I don't trust them," she said. Pavel Durov, a billionaire who embraces an all-black wardrobe and is often compared to the character Neo from "the Matrix," funds Telegram through his personal wealth and debt financing. And despite being one of the world's most popular tech companies, Telegram reportedly has only about 30 employees who defer to Durov for most major decisions about the platform. "There is a significant risk of insider threat or hacking of Telegram systems that could expose all of these chats to the Russian government," said Eva Galperin with the Electronic Frontier Foundation, which has called for Telegram to improve its privacy practices. At the start of 2018, the company attempted to launch an Initial Coin Offering (ICO) which would enable it to enable payments (and earn the cash that comes from doing so). The initial signals were promising, especially given Telegram’s user base is already fairly crypto-savvy. It raised an initial tranche of cash – worth more than a billion dollars – to help develop the coin before opening sales to the public. Unfortunately, third-party sales of coins bought in those initial fundraising rounds raised the ire of the SEC, which brought the hammer down on the whole operation. In 2020, officials ordered Telegram to pay a fine of $18.5 million and hand back much of the cash that it had raised.
from ms
