Tencent becomes major stakeholder in Wuthering Waves’ creator Kuro Games

Tencent Acquires Majority Stake in Kuro Games, Boosting Wuthering Waves

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 purchasing a 37% share from Hero Entertainment, becoming the sole external shareholder.

Kuro Games has reassured its employees that its independent operations will remain unchanged, mirroring Tencent's approach with other studios like Riot Games and Supercell. This ensures creative control largely rests with the development team.

This acquisition isn't unexpected, given Tencent's extensive investments in the gaming industry, including stakes in Ubisoft, Activision Blizzard, and FromSoftware. This strategic move significantly strengthens Tencent's presence 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, and various weapons and upgrades. Players can also utilize available 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, 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.