Home News Tencent becomes major stakeholder in Wuthering Waves’ creator Kuro Games

Tencent becomes major stakeholder in Wuthering Waves’ creator Kuro Games

Author : Leo Update : Dec 10,2024

Tencent's strategic acquisition of a 51% controlling stake in Kuro Games, the developer behind the popular action RPG Wuthering Waves, marks a significant expansion of its gaming portfolio. This follows earlier rumors in March and involves purchasing a 37% share from Hero Entertainment, making Tencent the sole external shareholder.

Kuro Games has reassured its employees that its operational independence will remain intact, mirroring Tencent's approach with other studios like Riot Games and Supercell. This ensures creative control stays primarily with the development team. The acquisition isn't unexpected, given Tencent's extensive investments in the gaming industry, including stakes in Ubisoft, Activision Blizzard, and FromSoftware. This move significantly strengthens Tencent's presence in the action RPG sector.

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 available in-game codes for additional rewards.

The upcoming 2.0 update promises even more, introducing the Rinascita nation, new characters Carlotta and Roccia, and a highly anticipated PlayStation 5 release, expanding platform availability.

yt

Tencent's investment provides Kuro Games with enhanced long-term stability, promising a bright future for Wuthering Waves and future projects. The influx of resources should fuel further development and expansion.