Telegram Userbase Climbs to 1B, Plans to Launch App Store

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8 hours ago

Summary

Telegram's user base has surpassed 1 billion, with plans to launch an app store. The platform's growth comes despite challenges from rival WhatsApp. Telegram's co-founder also criticized WhatsApp as a 'cheap imitation' and highlighted the company's profitability.

Key Points

Telegram's user base has grown by over 50 million users since last year.
The company is planning to launch an app store, further expanding its presence in the market.
Pavel Durov criticized WhatsApp as a 'cheap imitation' and highlighted Telegram's independence.

Why It Matters

Telegram's growth and plans for an app store make it a significant player in the messaging industry, posing a challenge to rival WhatsApp. The company's profitability also highlights its ability to compete with larger tech giants.

Author

Ivan Mehta

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