diff --git a/telethon/extensions/markdown.py b/telethon/extensions/markdown.py
new file mode 100644
index 00000000..d3581cf9
--- /dev/null
+++ b/telethon/extensions/markdown.py
@@ -0,0 +1,107 @@
+"""
+Simple markdown parser which does not support nesting. Intended primarily
+for use within the library, which attempts to handle emojies correctly,
+since they seem to count as two characters and it's a bit strange.
+"""
+import re
+from enum import Enum
+
+from ..tl.types import (
+    MessageEntityBold, MessageEntityItalic, MessageEntityCode, MessageEntityPre
+)
+
+
+class Mode(Enum):
+    """Different modes supported by Telegram's Markdown"""
+    NONE = 0
+    BOLD = 1
+    ITALIC = 2
+    CODE = 3
+    PRE = 4
+
+
+EMOJI_PATTERN = re.compile(
+    '['
+    '\U0001F600-\U0001F64F'  # emoticons
+    '\U0001F300-\U0001F5FF'  # symbols & pictographs
+    '\U0001F680-\U0001F6FF'  # transport & map symbols
+    '\U0001F1E0-\U0001F1FF'  # flags (iOS)
+    ']+', flags=re.UNICODE
+)
+
+
+def is_emoji(char):
+    """Returns True if 'char' looks like an emoji"""
+    return bool(EMOJI_PATTERN.match(char))
+
+
+def emojiness(char):
+    """
+    Returns the "emojiness" of an emoji, or how many characters it counts as.
+    1 if it's not an emoji, 2 usual, 3 "special" (seem to count more).
+    """
+    if not is_emoji(char):
+        return 1
+    if ord(char) < ord('🤐'):
+        return 2
+    else:
+        return 3
+
+
+def parse(message, delimiters=None):
+    """
+    Parses the given message and returns the stripped message and a list
+    of tuples containing (start, end, mode) using the specified delimiters
+    dictionary (or default if None).
+    """
+    if not delimiters:
+        if delimiters is not None:
+            return message, []
+
+        delimiters = {
+            '**': Mode.BOLD,
+            '__': Mode.ITALIC,
+            '`': Mode.CODE,
+            '```': Mode.PRE
+        }
+
+    result = []
+    current = Mode.NONE
+    offset = 0
+    i = 0
+    while i < len(message):
+        for d, m in delimiters.items():
+            if message[i:i + len(d)] == d and current in (Mode.NONE, m):
+                if message[i + len(d):i + 2 * len(d)] == d:
+                    continue  # ignore two consecutive delimiters
+
+                message = message[:i] + message[i + len(d):]
+                if current == Mode.NONE:
+                    result.append(offset)
+                    current = m
+                else:
+                    result[-1] = (result[-1], offset, current)
+                    current = Mode.NONE
+                break
+
+        offset += emojiness(message[i])
+        i += 1
+    if result and not isinstance(result[-1], tuple):
+        result.pop()
+    return message, result
+
+
+def parse_tg(message, delimiters=None):
+    """Similar to parse(), but returns a list of MessageEntity's"""
+    message, tuples = parse(message, delimiters=delimiters)
+    result = []
+    for start, end, mode in tuples:
+        if mode == Mode.BOLD:
+            result.append(MessageEntityBold(start, end - start))
+        elif mode == Mode.ITALIC:
+            result.append(MessageEntityItalic(start, end - start))
+        elif mode == Mode.CODE:
+            result.append(MessageEntityCode(start, end - start))
+        elif mode == Mode.PRE:
+            result.append(MessageEntityPre(start, end - start, ''))
+    return message, result