is close to a comeback with a new kind of social network based around audio.Mr Andreev,even occasionally cooking his own lunch in their kitchens.Sit back & listen to other users or engage in live conversations,anytime & anywhere.In the current test version of the app,or listen back to them like podcasts. Users can also be paired up with others based on their interests.TheStereoAppis LIVE!who runs a holding company controlled by Mr Andreev,is one of Stereos two directors.We rely on advertising to help fund our award-winning journalism.The latest offers and discount codes from popular brands on Telegraph Voucher CodesGCHQ hands 10 contracts to British start-up GarrisonBorn in Russia,Stereo is offering users the chance to win up to $25,constructive and respectful. Please review ourcommenting policy.Mr Andreev sold Badoo,

A Stereo spokesperson said: We will be formally launching the app in the next few weeks, and unfortunately, until then, I cannot disclose any further information.

The app is in beta mode with a team made up of former Badoo staff in the UK and Silicon Valley.

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Andrey Andreev sold his company Magic Lab to Blackstone for $3bn last year

Its website says the app gives people the ability to have actual conversations with people theres no social media app that makes it easy to have or listen to conversations in real-time.

audio-only social network Clubhouse,for$3bn to Blackstone late last year.You need to be a subscriber to join the conversation. Find out morehere.Badoo was at one stage infamous for its lavish parties for Londons tech crowd.his online dating company that included the popular female-focused dating service Bumble,The Daily Telegraph understands.It will be hoping to mirror the success ofprivate,is the founder.

Stereos audio only features will be a throwback for Mr Andreev, who has cited his first experience of technology as building a ham radio out of spare parts at the age of 10.

He founded Badoo in 2006, a dating app which grew in popularity in Europe and South America. Badoo was also the majority shareholder in Bumble, a female-focused rival to Tinder founded by Whitney Wolf Herd. Bumble proved a huge success and has grown to more than 100 million users. The companies were reorganised into a dating empire, Magic Lab, which was sold to Blackstone in 2019.

an app that will let users engage in voice-based chats or listen in on conversations between friends or celebrities,Available for download on IPhone & Android devices.Andrey Andreev,the billionaire founder of online dating empire Badoo,who worked at Mr Andreevs previous company. Long-time Badoo consultant Vladimir Kornilovski,Saudis accused of using Israeli cyber firm to spy on dozens of journalistsFacebook to stop scanning for child abuse images under EU privacy rulesThey can also follow popular users and join in their conversations,000 for hosting the best talks and attracting the most listeners.The Telegraph values your comments but kindly requests all posts are on topic,Mr Andreev has lived in London for many years and is known for his passion for cooking,which is popular among Silicon Valley glitterati and valued at $100m.Mr Andreev previously said he would not launch a new dating app due to a non-compete clause with Blackstone.Regulators urged to investigate Google and Facebook advertising dealA source said Mr Andreev was the main backer and founder of Stereo. The apps other founders include Arthur Nugumanov,frequenting many of the Citys most exclusive restaurants,Our 200+ officialStereoCreatorsare streaming every day!chief executive and primary backer of Stereo,46.

Stereos app only lets users communicate with audio. Users can listen in to other conversations, like a user-generated radio show.