Messaging app Telegram is nearing profitability and moving closer to a potential blockbuster stock market listing, according to owner Pavel Durov. In a rare interview, he said the app, which now has 900mn users, is making ‘hundreds of millions of dollars’ from ads business.
Durov added the company had ‘been offered $30bn-plus valuations’ from potential investors, but has ruled out selling the platform while it explores a future initial public offering. Get the full story here:
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