Tencent Acquires Majority Stake in Kuro Games, Boosting Wuthering Waves Development
Tencent's expansion into 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 operational independence will remain, mirroring Tencent's approach with studios like Riot Games and Supercell. This strategic investment is unsurprising given Tencent's extensive portfolio, including stakes in Ubisoft, Activision Blizzard, and FromSoftware. The acquisition significantly strengthens Tencent's presence in the adventure RPG market.
Wuthering Waves continues to thrive, recently launching version 1.4 with 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 excitement, introducing the Rinascita nation, new characters (Carlotta and Roccia), and a highly anticipated PlayStation 5 release, expanding the game's accessibility across major platforms.
Tencent's investment provides Kuro Games with enhanced long-term stability, promising a bright future for Wuthering Waves and future projects.
