On March 19, Telegram founder Pavel Durov posted on his personal channel that Telegram now has more than 1 billion monthly active users, making it the second largest messaging app in the world (excluding China's unique WeChat). The user engagement rate is also rising, with an average of 21 times a day per user opening Telegram and using it for 41 minutes a day. At the same time, Telegram's revenue growth is significant, and the profit of 2024 will reach 547 million US dollars. Durov also said that compared to WhatsApp, Telegram is just a cheap imitation of Telegram, which has remained independent and successful despite WhatsApp trying to copy its innovations and investing heavily in lobbying and public relations.