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Chronicles

The story behind the story

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Telegram debuts group voice chat as CEO Pavel Durov says it is nearing 500M MAUs and will launch an ad platform for public one-to-many channels next year

Manish Singh / TechCrunch :

TechCrunch Manish Singh

Context & Ripple Effects

Telegram's growth has been compounding on a roughly annual cadence: from 400M MAUs in April 2020 back through 200M in 2018, with Durov now putting the platform near 500M. The new group voice chat feature lands while live audio is the format drawing users, and the announced ad platform for public one-to-many channels is the first concrete monetization step beyond donations.

The monetization question has shadowed every user milestone in this coverage arc — and Durov later tied it directly to the company's future, telling the FT that at 900M users he aims for profitability and is weighing an IPO. The 2020 ad-platform pledge is where that thread starts.

First-order effects

  • Operators of large public one-to-many channels get a revenue surface for the first time: an ad platform slated for the following year turns their audiences into inventory Telegram can sell against.
  • Users gain group voice chat inside Telegram, closing a feature gap at the moment the platform is nearing 500M MAUs.

Second-order effects

  • Sustained growth events keep validating the scale bet — Telegram added 70M users in a single day during Facebook's outage, evidence that reliability incidents at rivals convert directly into Telegram signups.
  • Advertising alone proved insufficient as a business model: by mid-2022 Telegram layered on Telegram Premium at $5–$6 per month, a subscription tier that also raised channel-following limits — implying the ad platform targeted public channels while heavy users paid directly.

Third-order effects

  • If the pattern holds, Telegram follows the arc Durov sketched in 2024: scale first, then stacked revenue lines (ads, subscriptions) pushing toward profitability and a possible IPO — turning a messaging app long run without a conventional business model into a listed-scale company.
  • Channel-based one-to-many distribution becoming monetizable positions Telegram less as a private messenger and more as a broadcast platform competing for creator and publisher attention.

The trend: Messaging platforms are converting user-scale milestones into layered monetization — ads on broadcast channels plus paid tiers — as the route from free growth to profitability and eventual public listings.

Discussion

  • @telegram Telegram Messenger on x
    Telegram groups get a new dimension with Voice Chats - persistent conference calls that run in parallel to existing text chats. Voice Chats add a live layer of ephemeral talk to the group and can be used as informal lounges or virtual office spaces. https://telegram.org/... https…
  • @alexhinojo lex Hinojo on x
    Telegram surpassed @TwitterSpaces including live group Voice chats. A feature to follow. It could be a game changer on online synchronized comms https://twitter.com/...
  • @krausefx Felix Krause on x
    Telegram shows how to ship new features of mobile apps, and feels like the exact opposite of what FB/Google does: - Clear announcements - No weird A/B tests and slow rollouts - Polished and well working from day 1 - Features are usually things their core customers care about http…
  • @nickburne Nick Burne on x
    And it starts... I think a lot of @telegram users will be unhappy at this. Take on funding and this is what has to happen... https://techcrunch.com/...