Tencent becomes major stakeholder in Wuthering Waves’ creator Kuro Games

Tencent Acquires Majority Stake in Kuro Games, Boosting Wuthering Waves' Future

Tencent's expansion into the gaming industry continues with the acquisition of a 51% controlling stake in Kuro Games, the developer behind the popular action RPG, Wuthering Waves. This follows earlier rumors in March, with Tencent purchasing a 37% share from Hero Entertainment, becoming the sole external shareholder.

Kuro Games has reassured employees that its independent operations will remain unchanged, mirroring Tencent's approach with other studios like Riot Games and Supercell. This ensures creative control largely resides with the developers.

This acquisition isn't unexpected, given Tencent's extensive portfolio of gaming investments, including Ubisoft, Activision Blizzard, and FromSoftware. This strategic move significantly strengthens Tencent's presence in the action RPG market.

Wuthering Waves itself is thriving, with the current version 1.4 update introducing the Somnoire: Illusive Realms mode, two new characters, weapons, and upgrades. Players can also utilize in-game codes for additional rewards.

The upcoming version 2.0 update promises even more exciting content, including the new explorable nation, Rinascita, along with new characters Carlotta and Roccia. Crucially, version 2.0 will also mark the game's launch on PlayStation 5, expanding its reach to all major platforms.

Tencent's investment provides Kuro Games with enhanced long-term stability, paving the way for continued success with Wuthering Waves and future projects.