Tencent Invests in Kuro Games, Developer of Hit Game 'Wuthering Waves'

Tencent's Acquisition of Kuro Games: A Boost for Wuthering Waves and Beyond

Tencent has acquired a controlling 51% stake in Kuro Games, the developer behind the popular action RPG, Wuthering Waves. This follows earlier rumors in March and involves purchasing a 37% share from Hero Entertainment, making Tencent the sole external shareholder.

Despite the shift in ownership, Kuro Games has assured its employees that its independent operations will remain unchanged, mirroring Tencent's approach with other studios like Riot Games and Supercell. This assures continued creative freedom for the development team.

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, currently enjoying success with its version 1.4 update (featuring the Somnoire: Illusive Realms mode, new characters, weapons, and upgrades), is poised for an even bigger leap. The upcoming version 2.0 update promises the introduction of Rinascita, a new explorable nation, along with new characters Carlotta and Roccia. Crucially, version 2.0 will also mark the game's launch on PlayStation 5, completing its availability across 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.