Tencent Acquires Majority Stake in Kuro Games, Boosting Wuthering Waves Development
Tencent's continued expansion in the gaming industry has led to 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.
Despite the shift in ownership, Kuro Games has reassured employees that its independent operations will remain unchanged, mirroring Tencent's approach with other studios like Riot Games and Supercell. This ensures creative control largely rests with the developers.
This acquisition is unsurprising given Tencent's extensive portfolio, including investments in major players such as Ubisoft, Activision Blizzard, and FromSoftware. The addition of Kuro Games significantly strengthens Tencent's presence in the action RPG market.
Wuthering Waves itself is experiencing a period of significant growth. Version 1.4 recently launched, featuring the Somnoire: Illusive Realms mode and two new characters, along with new 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 Rinascita, a new explorable nation, and new characters, Carlotta and Roccia. Crucially, Version 2.0 will also mark Wuthering Waves' debut 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.
