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TELEGRAM ON TRACK FOR 1 BILLION USERS, FOUNDER PREDICTS MASSIVE GROWTH

The Business Guardian

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April 18, 2024

Durov, Telegram’s sole owner, emphasized the app’s impressive growth, boasting 900 million active users anda versatile platform for seamless communication

TELEGRAM ON TRACK FOR 1 BILLION USERS, FOUNDER PREDICTS MASSIVE GROWTH

The Telegram messaging app, hailed as one of the most popular social media platforms in Ukraine and Russia, is poised to exceed 1 billion active monthly users within the next year, according to its founder Pavel Durov. In a rare interview with US journalist Tucker Carlson, Durov expressed his optimism about the app’s meteoric rise, likening its growth to that of a “forest fire.”

Durov, who fully owns Telegram, shared his insights during the interview, highlighting the app’s remarkable trajectory. With currently 900 million active users, Telegram has emerged as a ubiquitous platform for communication,offering users the ability to send and receive messages, make calls, and share files seamlessly.

Emphasizing Telegram's commitment to neutrality, Durov stressed that the app aims to remain a "neutral platform" and avoid entanglement in geopolitical issues. This stance aligns with Durov'spersonal experiences, as the Russian-born entrepreneur fled his homeland in 2014, citing government interference in his company.

Despite its massive user base, Telegram faces stiff competition from Meta Platforms' WhatsApp, which boasts over 2 billion monthly active users.

However, Telegram's rapid ascent suggests its potential to challenge established players in the social media landscape.

Reports have surfaced indicating Telegram's intention to pursue a US listing once the company achieves profitability. This strategic move could further solidify Telegram's position as a formidable contender in the global market.

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