Telegram don get first profit for 2024, dey think of IPO for U.S. as dem expand for blockchain
For 2024, Telegram don reach important milestone as e don come profitable for di first time since e begin to dey monetize im platform three years ago. Di company revenue don pass $1 billion, supported by di subscriber base wey don triple to over 12 million and initiatives wey dey like Stars and Mini Apps. Di year end with Telegram holding more than $500 million for cash reserve. Even though dem face legal wahala for France early for di year, including di arrest of im founder Pavel Durov because of money laundering allegation, Telegram get beta compliance measures wey don improve di situation. Telegram don integrate with di TON blockchain, wey dey help di successful Web3 projects, and dem dey think about possible IPO for di U.S. within di next two years. Dis one dey show how e dey grow for di communication and blockchain ecosystem.
Bullish
Telegram first time profit dey show strong financial health, wey make am attractive for future investment, especially with im potential U.S. IPO wey dey come. The integration with TON blockchain dey boost im role for the evolving Web3 space, wey go fit increase market confidence. Dis factors dey suggest positive outlook for both Telegram and di TON-related projects for di crypto market short-term and fit get lasting long-term impacts as dem dey establish hinsef as key player for blockchain ecosystems.