Telegram’s owner warns that the company will be charging for new services
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Telegram’s founder has warned that the company will have to charge fees for services in order to raise money.
The company’s founder, Pavel Durov, said in a statement reported by AFP that the company needs to raise “at least a few hundred million dollars a year” and plans to do so by offering paid services.
Durov has not specified how much these paid extras will be other than commenting that “we can introduce tons of new features and welcome billions of new users”.
Telegram currently has around 500 million active users. The service includes features like “self-destructive” messages which, in addition to end-to-end encryption, are both a boon for privacy seekers and a problem for law enforcement agencies who want to intercept messages.
The cross-platform service is currently free, but Durov’s comments suggest that he’s tired of taking over the tab. “For most of Telegram’s history, I have paid for the company’s expenses out of my personal savings,” he said.
“However, with its current growth, Telegram is on track to reach billions of users and in need of adequate funding.”
Durov added that features that are currently free will remain free, which means the company will need to find new features that will entice customers to pay.
Telegram’s founder said he has no intention of selling the company founded in 2013 that is closest to Facebook’s own WhatsApp.