Much-hyped Badoo loses millions of Facebook users overnight

Badoo has been getting a lot of great press recently. Last month, the FT noted that its flirtatious “social dating” service had overtaken Farmville to become the second most popular app on Facebook. Then the UK edition of Wired magazine put Russian founder Andrey Andreev on its front cover, claiming it was on the verge of an IPO or fundraising that could value the 120m-member “freemium” site at $2bn.

19 Apr 2011 ... If Facebook is the site largely for connecting with people you already know, Badoo's execs pitch it as a way to meet new people. It has a “ ...

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