Tencent Acquires Major Stake in Kuro Games, Creator of Wuthering Waves
Tencent has further expanded its influence in the gaming industry by acquiring a 51% controlling stake in Kuro Games, the developer behind the popular RPG, Wuthering Waves. This move comes as no surprise given Tencent's extensive portfolio, which includes stakes in major studios like Ubisoft, Activision Blizzard, and FromSoftware. The acquisition involved purchasing a 37% share from Hero Entertainment, making Tencent the sole external shareholder of Kuro Games.
Despite the shift in ownership, Kuro Games has reassured its employees through an internal memo that it will continue to operate independently. This approach mirrors Tencent's strategy with other studios such as Riot Games and Supercell, where the developers retain significant creative control.
Wuthering Waves, known for its engaging combat and rich narrative, has been a hit among fans. The game's current version 1.4 update has introduced the Somnoire: Illusive Realms mode and two new characters, along with new weapons and upgrades. Players can also take advantage of Wuthering Waves codes to claim various in-game rewards.
Looking forward, Kuro Games is gearing up for the release of the version 2.0 update next month, which will introduce a new nation called Rinascita for players to explore, along with new characters like Carlotta and Roccia. Additionally, Wuthering Waves will expand its reach by launching on the PlayStation 5, making it accessible on all major gaming platforms.
With Tencent's backing, Kuro Games is poised to enhance its long-term stability, ensuring continued success for Wuthering Waves and future projects.
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