Durov: Telegram audience is growing by 2.5 million users daily

Durov: Telegram audience is growing by 2.5 million users daily

Telegram has issued new bonds to find funds to service a large number of users

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Durov: Telegram audience is growing by 2.5 million users daily

Telegram founder Pavel Durov said that the number of new users on the platform is growing by more than 2.5 million every day, and earlier this year the messenger's audience exceeded 800 million monthly active users.

Source. He wrote about this in his telegram channel.

"We are happy and grateful, even though this huge growth also means increased storage and traffic costs to serve our users," he said.

Although the company started monetizing last year, Telegram is still not profitable, although the messenger is "closer to profitability in absolute terms than its competitors, such as Twitter and Snap," Durov added.

"To finance Telegram's continuous growth until we reach the break-even point, this week we issued Telegram bonds worth about $270 million [...] I personally bought about a quarter of the new Telegram bonds, investing tens of millions in Telegram's development. This is in addition to the hundreds of millions I've spent over the past 10 years to keep Telegram running," the platform's founder wrote.

"Some people have offered me to buy a house or an airplane. But I prefer to stay focused on my work without 'owning' anything (well, except Telegram, a little bit of Bitcoin, and a little bit of Toncoin)," Durov summarized.

He emphasized that hundreds of millions of people signed up for Telegram because they wanted an independent messaging platform that would put users first.

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