Tencent Acquires Majority Stake in Kuro Games, Boosting Wuthering Waves' Future
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 has assured its employees, via 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, including investments in Ubisoft, Activision Blizzard, and FromSoftware. The deal significantly strengthens Tencent's presence in the action RPG market.
Wuthering Waves itself is thriving, recently releasing version 1.4 with a new Somnoire: Illusive Realms mode, two new characters, weapons, and upgrades. Players can utilize available in-game codes for additional rewards.
The upcoming version 2.0 update promises even more, introducing the new explorable nation, Rinascita, along with characters Carlotta and Roccia. Most significantly, Wuthering Waves will finally launch on PlayStation 5, becoming available across all major platforms.
Tencent's investment ensures Kuro Games' long-term stability, promising a bright future for Wuthering Waves and future projects.
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