TELEGRAM RUNS WITH FEWER THAN 100 FULL-TIME EMPLOYEES AS IPO PLANS STALL AMID FRENCH LAWSUIT

According to the Financial Times, Telegram currently employs fewer than 100 full-time staff. Despite reaching 1 billion users, the company continues to operate with an extremely lean organizational structure.

In the first half of 2025, Telegram generated $870 million in revenue, up more than 65% year-on-year. Nearly one-third of this total (around $300 million) came from “exclusive agreements” related to Toncoin. Advertising revenue reached $125 million, while paid subscriptions generated $223 million, up 88% year-on-year.

Although operating profit was close to $400 million, Telegram reported a net loss of $222 million due to the depreciation of Toncoin. The company is targeting $2 billion in revenue for 2025, while its IPO plans have been temporarily delayed due to ongoing litigation in France.

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