InvestGame News
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InvestGame News Telegram
Daily business news digest covering investments, mergers and acquisitions in the video game industry.
Authors: Andrei Zubov, Vladimir Sergeevykh.
Telegram Link: tg-me.com/InvestGame
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The messaging service and social-media platform owes creditors roughly $700 million by the end of April, according to people briefed on the company’s plans and loan documents viewed by The Wall Street Journal. At the same time, Telegram Group Inc. must cover rising equipment and bandwidth expenses because of its rapid growth, despite going years without attempting to generate revenue.
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