Tech Entrepreneur Announces Rival To Clubhouse To Become Available In Russia
Fahad Shabbir (@FahadShabbir) Published February 26, 2021 | 06:40 PM
MOSCOW (UrduPoint News / Sputnik - 26th February, 2021) Russian-born billionaire tech entrepreneur Andrey Andreev has announced making his new social audio service, Stereo, which is similar to the currently popular app, Clubhouse, available in Russia.
Just like Clubhouse, Andreev's app is used for conducting live audio chats, but unlike its competitor, Stereo allows you to make recorded sessions and receive donations from listeners. The entrepreneur noted that Stereo now has over one million users on iOS and the same number on Android.
"I think that the audio space is probably the only market where no one has currently tried anything, where is no competition and where the sky's the limit," Andreev said in an interview with Forbes, in which he revealed the launch in his country of birth.
In the past, Andreev, who currently lives in the United Kingdom, launched several successful dating apps such as Badoo and Bumble. In 2019, the businessman sold his share in MagicLab, the parent company for his creations, and in 2020 started working on Stereo. His current net worth is estimated at $1.9 billion.
Related Topics
Recent Stories
FM Dar not traveling to China: Foreign Office
PM takes notice of deliberate delay in tax cases
Iranian President visits Allama Iqbal’s mausoleum
Iranian President arrives in Lahore today
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 23 April 2024
Today Gold Rate in Pakistan 23 April 2024
Islam enlightened world with its teachings about knowledge: Dr Jamileh
Record London close as oil prices drop on easing Middle East fears
TV tower in Kharkiv struck as Russia captured village
LCCI language courses from May 1
Governor for service oriented governance in Punjab
Survivors tell of panic at C.Africa river boat disaster
More Stories From World
-
N. Korea's Kim oversees 'nuclear counterattack' drill
10 minutes ago -
Council of Europe calls on UK to scrap Rwanda migrant plan
20 minutes ago -
China's manufacturing powerhouse sees foreign trade growth in Q1
40 minutes ago -
Nearly 82 percent Chinese have reading habit: survey
40 minutes ago -
Malaysia military helicopters crash, killing 10 crew
40 minutes ago -
Musk lashes Australian order demanding X remove stabbing videos
40 minutes ago
-
Shenzhen issues red alert for rainstorm
50 minutes ago -
Chinese police launch campaign to hunt down economic fugitives abroad
50 minutes ago -
China mulls intensifying statistical supervision through law amendment
50 minutes ago -
China launches initiative to promote cultural, tourism consumption
50 minutes ago -
Innovation Week underway in Mongolia
50 minutes ago -
China kicks off National Conference on Reading, stresses cultural confidence
60 minutes ago