In recent months, Telegram has held discussions with investors, reassuring them of the company's viability following founder Pavel Durov's arrest on charges related to illegal activities.
Telegram is expanding its content moderation with more than 750 contractors and is proactively tackling its legal troubles by policing user-generated content more effectively.
Unlike its peers, Telegram's unique business model has relied on debt and cryptocurrency instead of venture capital or advertising, a strategy that raises profitability questions.
The company has seen a significant financial turnaround, projecting to surpass $1 billion in revenue this year, up from nearly $350 million last year, indicating a path to profitability.
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