Kuro Games, Wuthering Waves creator, gains major investor: Tencent

Author : Connor Dec 14,2024

Tencent Acquires Majority Stake in Kuro Games, Boosting Wuthering Waves' Future

Tencent's expansion in 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 confirmed in an internal memo that its operational independence will remain unchanged under Tencent's ownership. This mirrors Tencent's approach with other studios like Riot Games and Supercell, prioritizing developer autonomy. This strategic move isn't unexpected, given Tencent's extensive portfolio of investments, including stakes in Ubisoft, Activision Blizzard, and FromSoftware.

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Wuthering Waves itself is experiencing significant growth. The current 1.4 update features 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 exciting content, including the introduction of the Rinascita nation, new characters Carlotta and Roccia, and a highly anticipated launch on PlayStation 5, completing its presence across major platforms.

Tencent's investment promises long-term stability for Kuro Games, paving the way for continued success for Wuthering Waves and future projects.