The messenger's revenue nearly tripled over six months, reaching $525 million. Of this total, $225 million was earned by Telegram from a deal with an unnamed company that used the messenger's cryptocurrency, Toncoin, as a payment method for advertising.
This information is detailed in the company's financial report, which was obtained by the Financial Times.
Moreover, Telegram's net profit for the first half of 2024 rose to $335 million. This represents a significant increase, especially considering that the company reported a loss of $173 million for the entirety of 2023.