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 its 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 ensures creative control largely rests with the developers.

This investment aligns with Tencent's established pattern of strategic acquisitions, holding significant stakes in companies such as Ubisoft, Activision Blizzard, and FromSoftware. The acquisition significantly strengthens Tencent's position in the action RPG market.

Wuthering Waves itself is experiencing considerable success. 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 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, the game will finally launch on PlayStation 5, expanding its reach across 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.