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profitable in 2024

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Coverage Timeline

2025-04-23
Bloomberg 1 related

A look at Huawei's smart driving software unit, which became profitable in 2024 after revenue grew over 5x and is powering car systems by BYD, BMW, and others

Bloomberg :

2024-12-23
New York Times 7 related

In a first, Telegram is set to be profitable in 2024, with $1B+ in revenue, up from ~$350M in 2023, and ending 2024 with $500M in cash, as it grapples with debt

Even as Telegram faces legal scrutiny and grapples with billions in debt, it is set to be profitable for the first time as it tries cryptocurrencies, subscriptions and ads.

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