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Tencent Invests in Kuro Games, Developer of Wuthering Waves

Author : Isabella Update：Dec 30,2024

Tencent Acquires Majority Stake in Kuro Games, Boosting 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 creative control. This acquisition isn't unexpected, considering Tencent's extensive portfolio, including investments in Ubisoft, Activision Blizzard, and FromSoftware. This move significantly strengthens Tencent's presence in the action RPG market.

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Wuthering Waves itself continues to thrive, with the recent 1.4 update introducing the Somnoire: Illusive Realms mode, two new characters, weapons, and upgrades. Players can also utilize in-game codes for additional rewards. The highly anticipated version 2.0 update is on the horizon, bringing the new explorable nation of Rinascita, along with characters Carlotta and Roccia. Furthermore, Wuthering Waves will finally launch on PlayStation 5, making it accessible across all major platforms.

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

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