Tencent becomes major stakeholder in Wuthering Waves’ creator Kuro Games

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

Tencent's expansion in 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 assures employees that its independent operations will remain unchanged, mirroring Tencent's approach with studios like Riot Games and Supercell. This emphasizes Tencent's strategy of allowing creative autonomy while providing significant financial backing.

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

Wuthering Waves itself is experiencing significant growth. The current 1.4 update features the new 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 introduction of Rinascita, a new explorable nation, along with new characters Carlotta and Roccia. Furthermore, Wuthering Waves will finally launch on PlayStation 5, making it accessible across all major platforms.

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