Encrypted messaging app Telegram will launch pay-for services in 2021, its Russian-born founder Pavel Durov said Wednesday, as the growing company needed “at least a few hundred million dollars per year.”
“Telegram will begin to generate revenue, starting next year,” Durov said in a statement. “We will be able to launch countless new features and welcome billions of new users.”
Durov, 36, said he did not plan to sell the company and therefore needed to look for other ways to come up with funding.
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Digital services & Apps, IM-VoIP-Webmail, News
