The social media platform Telegram is on track to make its Wall Street debut soon. According to a report by the Financial Times, the company is potentially eyeing an initial public offering while expecting to be profitable by 2025. The company’s road to profitability has also led to the firm introducing a revenue-sharing model for its creditors.
Telegram Eyes US Listing
According to the Financial Times, the owner of the private messaging app, Telegram, claims that the company has 900 million users and is almost profitable as it gets closer to a possible blockbuster stock market debut. The report also highlights that with the promise of giving the creators who manage their channels a 50% share of marketing funds, the company will launch revenue sharing this month.
Telegram had grown to become one of the world’s most popular social media apps while making “hundreds of millions of dollars” in revenues after introducing advertising and premium subscription services two years ago, P
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