Home News Tencent Takes Stake in Mobile Hit Wuthering Waves' Kuro Games

Tencent Takes Stake in Mobile Hit Wuthering Waves' Kuro Games

Author : Skylar Dec 18,2024

Tencent Acquires Majority Stake in Kuro Games, Bolsters Wuthering Waves Development

Tencent's continued expansion into the gaming industry sees them securing 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.

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 stays primarily with the development team.

This acquisition isn't unexpected, given Tencent's extensive portfolio of gaming investments, including stakes in major players like Ubisoft, Activision Blizzard, and FromSoftware. The move significantly strengthens Tencent's presence in the action RPG market.

Wuthering Waves itself continues to receive substantial updates. Version 1.4 recently added the Somnoire: Illusive Realms mode, two new characters, weapons, and upgrades. Players can also utilize available 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, along with new characters Carlotta and Roccia. Crucially, Version 2.0 will also bring Wuthering Waves to PlayStation 5, expanding its availability across all major platforms.

With Tencent's backing, Kuro Games secures its long-term stability, promising a bright future for Wuthering Waves and future projects.

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