Telegram has over 800 million active users, is not yet profitable – Computer – News


Chat app Telegram has greater than 800 million month-to-month lively customers and will get greater than 2.5 million new customers each day. The service just isn’t but worthwhile, to develop into that the corporate has raised $ 270 million this week.

It is not clear when Telegram hit the 800 million month-to-month lively person milestone; CEO and founder Pavel Durov experiences alone that this milestone was achieved ‘earlier this yr’. In June final yr gave the service to 700 million month-to-month lively customers to have. Durov does say that there are 2.5 million new person registrations each day, though these usually are not essentially month-to-month lively customers. For comparability: WhatsApp indicated in 2021 greater than two billion customers.

Telegram’s “large progress,” as Durov places it, is driving up prices for storage and community visitors. To make the platform worthwhile, the service launched a Premium subscription final yr. With this subscription, customers get some new options sooner than different customers, can ship bigger recordsdata, and get extra emojis and stickers.

Durov would not say what number of subscribers there are, however says this subscription obtained off to a “good begin.” The Telegram founder additionally says it might have been unimaginable to be worthwhile after a yr. The corporate could be “nearer to profitability” than opponents reminiscent of Twitter and Snap, Durov claims primarily based on “absolute numbers”.

To fund Telegram’s progress, the corporate raised $270 million by means of bonds this week. This quantities to about 240 million euros. Durov himself says he purchased a couple of quarter of those bonds. The CEO doesn’t say how he’ll use this cash.