Wuthering Waves Creator Kuro Games Welcomes Tencent Investment

Author: Zachary Dec 17,2024

Tencent Acquires Majority Stake in Kuro Games, Boosting Wuthering Waves' Future

Tencent's expansion into the gaming industry continues with its acquisition of a 51% controlling stake in Kuro Games, the developer behind the popular action RPG, Wuthering Waves. This follows earlier rumors from March, with Tencent purchasing a 37% share from Hero Entertainment, becoming the sole external shareholder.

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 autonomy. This strategic move is consistent with Tencent's established pattern of significant investments in the gaming sector, including stakes in Ubisoft, Activision Blizzard, and FromSoftware.

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Wuthering Waves, already enjoying success with its recent 1.4 update (introducing Somnoire: Illusive Realms, new characters, weapons, and upgrades), is poised for even greater growth. The upcoming version 2.0 update promises a substantial expansion, introducing the new nation of Rinascita, along with characters Carlotta and Roccia, and a highly anticipated PlayStation 5 release, bringing the game to all major platforms.

Tencent's investment provides Kuro Games with enhanced long-term stability, promising a bright future for Wuthering Waves and future projects.