Tencent Acquires Majority Stake in Kuro Games, Boosting Wuthering Waves Development
Tencent's expansion into the gaming industry continues with its 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.
Despite the change in ownership, Kuro Games assures employees that its independent operations will remain unchanged, mirroring Tencent's approach with other studios like Riot Games and Supercell. This commitment to maintaining creative autonomy is reassuring for fans.
This acquisition isn't unexpected, given Tencent's extensive portfolio of gaming investments, including significant stakes in Ubisoft, Activision Blizzard, and FromSoftware. This move significantly strengthens Tencent's presence in the action RPG market.
Wuthering Waves itself is experiencing considerable success. The current version 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, introducing the new nation of Rinascita, along with characters Carlotta and Roccia. Crucially, version 2.0 will also mark Wuthering Waves' launch on PlayStation 5, making it available across all major platforms.
Tencent's investment provides Kuro Games with enhanced long-term stability, paving the way for future growth and development of Wuthering Waves and subsequent projects.
