---
title: "Telegram's Strategic Growth Amid Financial Challenges"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/271630013.md"
description: "Telegram, with a user base of 1 billion and fewer than 100 employees, reported $870 million in revenue for H1 2025, a 65% increase year-over-year. Revenue sources include $300 million from Toncoin agreements, $125 million from advertising, and $223 million from subscriptions. Despite an operating profit of nearly $400 million, the company faced a net loss of $222 million due to Toncoin depreciation. Telegram aims for $2 billion in revenue by 2025, but its IPO plans are delayed due to litigation in France."
datetime: "2026-01-06T09:13:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/271630013.md)
  - [en](https://longbridge.com/en/news/271630013.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/271630013.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/271630013.md) | [English](https://longbridge.com/en/news/271630013.md)


# Telegram's Strategic Growth Amid Financial Challenges

According to PANews, Telegram currently employs fewer than 100 full-time staff despite having a user base of 1 billion. The company maintains a streamlined operational model. In the first half of 2025, Telegram's revenue reached $870 million, marking a growth of over 65% compared to the previous year. Approximately one-third of this revenue, around $300 million, was generated through exclusive agreements related to Toncoin. Advertising revenue amounted to $125 million, while paid subscription income rose by 88% to $223 million. Despite achieving an operating profit close to $400 million, Telegram recorded a net loss of $222 million due to the depreciation of Toncoin. The company aims to achieve $2 billion in revenue by 2025. Plans for an initial public offering (IPO) have been delayed due to ongoing litigation in France.

### 相關股票

- [TON/USD (TONUSD.VAHK)](https://longbridge.com/zh-HK/quote/TONUSD.VAHK.md)

## 相關資訊與研究

- [Key facts: Fireblocks Adds TON Wallets to Telegram; Strategy Posts Loss](https://longbridge.com/zh-HK/news/281269231.md)
- [Toncoin - Token Unlock - 23 April 2026](https://longbridge.com/zh-HK/news/280896606.md)
- [Zinnwald Lithium’s German Project Clears Key Milestones as Strategic European Supply Asset](https://longbridge.com/zh-HK/news/281136206.md)
- [Netflix is raising subscription prices yet again. Is the stock a buy?](https://longbridge.com/zh-HK/news/281545662.md)
- [Ryvyl Advances Merger with RTB and Strategic Acquisition](https://longbridge.com/zh-HK/news/281002593.md)