Telegram, one of the most popular messaging apps after WhatsApp, has new ambitions. Announcing that it has reached a base of 900 million users, the company plans to go public in order to “remain independent”.
The number of Telegram users has passed 900 million
Telegram founder Pavel Durov made important statements about the company. Explaining that he rejected important acquisition offers, Durov said that they are considering an IPO to stay true to the value of the company. He stated that Telegram has been profitable in recent years and has generated millions of dollars in revenue.
Telegram has grown exponentially in the last few years, with the number of users exceeding 900 million worldwide. But the platform continues to face controversy over privacy and security concerns. Some countries have banned Telegram altogether.
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Despite the controversy, Durov argues that going public will allow Telegram to remain independent and avoid the influence of the investor group. He also said that global tech funds valued Telegram at over $30 billion.
An IPO on global exchanges could result in hundreds of investors interested in owning Telegram shares. This would significantly increase the company’s valuation.
Durov also said a while ago that users can now easily convert their personal accounts into business accounts. Thus, many users will be able to list information such as location and working hours on their profile.
So what do you think about this issue? Do you think Telegram’s strategy is the right one? You can easily share your answers with us in the comments section below. Your opinions are very valuable to us.
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