Tech

Sources: Telegram owes creditors ~$700M by the end of April and plans to sell $1B to $1.5B in company debt to cover the bill (Sam Schechner/Wall Street Journal)



Sam Schechner / Wall Street Journal:

Sources: Telegram owes creditors ~$700M by the end of April and plans to sell $1B to $1.5B in company debt to cover the bill  —  Messaging tool is selling more than $1 billion of debt to fund operations and repay existing creditors, as it races to attract ads  —  Telegram is riding high, adding tens of million of users this year.




Source link

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button