It has been announced that Telegram, WhatsApp’s biggest rival, is going public
March 11, 2024
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Until a few years ago, it was a more alternative messaging application and attracted attention due to its emphasis on privacy. Telegramhas managed to reach a significant number
Until a few years ago, it was a more alternative messaging application and attracted attention due to its emphasis on privacy. Telegramhas managed to reach a significant number of users in recent years. Seven years later, the founder of Telegram, Pavel Durov, in a speech to the press, provided information about the current situation of the company and made an important announcement.
In conversation with the Financial Times DurovTelegram claims that Telegram has become one of the most popular social media applications in the world and has expanded its advertising and premium subscription services every year since its launch two years ago. hundreds of millions of dollars He stated that they were making sales. Durov, “We plan to become profitable, if not this year, then next year.” he said.
Telegram’s valuation reached $30 billion!
Durov, who is currently the sole owner of the company, asked potential investors to assess the social media platform’s valuation. as $30 billion While he stated that he did this, he also stated that they saw the company’s public offering as valuable in terms of democratizing access to Telegram. So we have heard that Telegram will go public soon.
Telegram is used in illegal activities and Russia While there have been claims that Durov has access to information, Durov maintains that these claims are unfounded. Durov had previously resisted the Russian government’s request for access to servers in Ukraine and subsequently fled the country.
According to experts Telegram becomes profitable and market conditions are favorable enough It will be publicly offered on US stock exchanges. It is stated that Telegram may preferentially distribute some of its shares to its users. It doesn’t seem difficult at all for the company to reach the delivery point thanks to its low annual user costs and planned automated advertising model.
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Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.