Tencent becomes major stakeholder in Wuthering Waves’ creator Kuro Games

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

Tencent's continued expansion in the gaming industry has led to a significant acquisition: a 51% controlling stake in Kuro Games, the developer behind the popular action RPG, Wuthering Waves. This follows earlier rumors in March, with Tencent now acquiring a 37% share from Hero Entertainment, becoming the sole external shareholder.

An internal memo assures Kuro Games employees that operational independence will be maintained, mirroring Tencent's approach with other studios like Riot Games and Supercell. This emphasizes Tencent's strategy of allowing creative autonomy while providing substantial resources.

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

Wuthering Waves itself continues its successful trajectory. The current version 1.4 update features the new Somnoire: Illusive Realms mode, two new characters, weapons, and upgrades. Players can also utilize available in-game codes for additional rewards.

The upcoming version 2.0 update promises even more exciting content. This includes the introduction of Rinascita, a new explorable nation, along with new characters Carlotta and Roccia. Crucially, version 2.0 will also mark Wuthering Waves' launch on PlayStation 5, making it accessible across all major platforms.

Tencent's investment ensures Kuro Games' long-term stability, paving the way for future growth and development of Wuthering Waves and subsequent projects.