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Telegram to bring ads on it's platform as it's approaching 500 million users mark
Instant messaging app Telegram is “approaching” 500 million users and plans to generate revenue starting next year to keep the business afloat, its founder Pavel Durov said on Wednesday.
Durov said he has personally bankrolled the seven-year-old business so far, but as the startup scales he is looking for ways to monetize the instant messaging service. “A project of our size needs at least a few hundred million dollars per year to keep going,” he said.
Telegram, nearing 500 million users, to begin monetizing the app – TechCrunch
Instant messaging app Telegram is “approaching” 500 million users and plans to generate revenue starting next year to keep the business afloat, its founder Pavel Durov said on Wednesday.
Durov said he has personally bankrolled the seven-year-old business so far, but as the startup scales he is looking for ways to monetize the instant messaging service. “A project of our size needs at least a few hundred million dollars per year to keep going,” he said.
Telegram, nearing 500 million users, to begin monetizing the app – TechCrunch