Periscope is being launched on Google's Android platform, exactly two months after its debut in the Apple store in March.
It claims there were more than a million downloads of the Apple version of the app during its first week.
Both apps offer a live broadcasting service via mobile phone. Those watching can show their appreciation and send messages which pop up on screen during the stream.
However, such services are data-heavy, experts have warned.
"I was streaming for about 11 minutes on 4G and I used up in the blink of an eye 250MB [of data]," said reporter Kate Russell from BBC Click.
"If you're watching random streams for about half an hour you're going to chew through about 400MB, so if you're on a low-data plan, be aware of exactly how much data you're consuming."
Periscope android engineer Sara Haider said in a blogpost that Android users of the app will be able to return to watch a broadcast where they left off if, for example, an incoming phone call or text message interrupts the feed.
Those using it to broadcast will not have to upload a file in order to enable replays.
Ms Haider described the app as "the closest thing to teleportation".
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