Tencent becomes major stakeholder in Wuthering Waves’ creator Kuro Games

Tencent Acquires Majority Stake in Kuro Games, Boosting Wuthering Waves Development

Tencent's continued expansion in the gaming industry has led to 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 and solidifies Tencent's position in the market. The deal involves purchasing a 37% share from Hero Entertainment, making Tencent the sole external shareholder.

Reassuringly, Kuro Games has confirmed in an internal memo that its independent operations will remain unchanged. This mirrors Tencent's approach with other studios like Riot Games and Supercell, prioritizing developer autonomy and creative control. This acquisition is consistent with Tencent's extensive investment portfolio, which includes stakes in major players such as Ubisoft, Activision Blizzard, and FromSoftware. This move significantly strengthens Tencent's presence in the action RPG sector.

Wuthering Waves itself is experiencing significant momentum. The current 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, including the introduction of Rinascita, a new explorable nation, along with new characters Carlotta and Roccia. Crucially, version 2.0 will also mark the game's launch on PlayStation 5, making it accessible across all major platforms.

Tencent's investment provides Kuro Games with enhanced long-term stability, promising a bright future for Wuthering Waves and future projects.