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 creators of the popular RPG, Wuthering Waves. This move comes as no surprise given Tencent's extensive portfolio, which includes stakes in 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 like Riot Games and Supercell, where the developers retain significant creative control.

Wuthering Waves has been a hit among fans, known for its engaging combat and compelling narrative. 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 free in-game items.

Looking forward, Kuro Games is gearing up for the release of the version 2.0 update next month, which will introduce Rinascita, a new nation for players to explore, and new characters such as Carlotta and Roccia. Additionally, Wuthering Waves will expand its reach by launching on the PlayStation 5, making it accessible on all major platforms.

With Tencent's backing, Kuro Games is poised to enhance its long-term stability, ensuring continued success for Wuthering Waves and future projects.