Telegram, a messaging app, has reached its first profitable quarter, CEO Pavel Durov announced on December 23.

The company has reduced a significant portion of its US$2 billion debt.

It reported revenues exceeding US$1 billion for 2024, with cash reserves surpassing US$500 million, excluding crypto assets.

Despite this financial achievement, Telegram faces scrutiny from various governments regarding its handling of illegal and harmful content.

With over 900 million active users, Telegram has attracted criticism from both democratic and authoritarian governments for its lack of response to content takedown requests.

Recent Telegram developments