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Tencent Acquires Majority Stake in Kuro Games, Boosting Wuthering Waves' Future
Gaming giant Tencent has further expanded its portfolio by acquiring 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 holding the majority share after purchasing 37% from Hero Entertainment.
Kuro Games has confirmed in an internal memo that its operational independence will remain intact, mirroring Tencent's approach with other studios like Riot Games and Supercell. This ensures creative control remains largely with the development team.
This acquisition is unsurprising, given Tencent's extensive investments in the gaming industry, including stakes in major players such as Ubisoft, Activision Blizzard, and FromSoftware. The investment significantly strengthens Kuro Games' position in the adventure RPG market.
Wuthering Waves itself continues to thrive, with the recent 1.4 update introducing the Somnoire: Illusive Realms mode, new characters, weapons, and upgrades. Players can also utilize in-game codes for additional rewards.
The upcoming version 2.0 update promises even more excitement, featuring the new explorable nation of Rinascita, along with new characters Carlotta and Roccia. Crucially, the game will also launch on PlayStation 5, making it available across all major platforms.
Tencent's investment provides Kuro Games with enhanced long-term stability, paving the way for future growth and development of Wuthering Waves and subsequent projects.
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