Tencent Acquires Majority Stake in Kuro Games, Bolstering Wuthering Waves' Future
Tencent's continued expansion in the gaming industry has led to a significant acquisition: 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.
While Tencent now holds majority ownership, 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 of gaming investments, including Ubisoft, Activision Blizzard, and FromSoftware. This strategic move significantly strengthens Tencent's presence in the action RPG market.
Wuthering Waves itself continues its successful trajectory. The current 1.4 update features the new Somnoire: Illusive Realms mode, two new characters, and various weapon and upgrade additions. Players can also utilize in-game codes for additional rewards.
The upcoming version 2.0 update promises even more exciting content. Players can anticipate the introduction of Rinascita, a new explorable nation, alongside new characters Carlotta and Roccia. Most notably, Wuthering Waves will finally launch on PlayStation 5, ensuring availability across all major platforms.
Tencent's investment provides Kuro Games with enhanced long-term stability, paving the way for future success for Wuthering Waves and subsequent projects.
