Tencent becomes major stakeholder in Wuthering Waves’ creator Kuro Games

Tencent's Acquisition of Kuro Games: A Boost for Wuthering Waves and Beyond

Tencent has acquired 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 growing influence in the gaming industry. The acquisition 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. This acquisition isn't unexpected, given Tencent's extensive portfolio of investments in gaming companies, including Ubisoft, Activision Blizzard, and FromSoftware. This move significantly strengthens Kuro Games' position in the adventure RPG market.

Wuthering Waves continues to thrive, with the current version 1.4 update introducing the 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 the game's 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.