Kuro Games Inks Deal with Tencent

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

Tencent's expansion in the gaming industry continues with the acquisition of 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.

Despite the shift in ownership, Kuro Games has reassured employees that its independent operations will remain unchanged, mirroring Tencent's approach with studios like Riot Games and Supercell. This commitment to creative autonomy is a positive sign for fans.

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

Wuthering Waves itself is experiencing considerable success. The current 1.4 update features the new Somnoire: Illusive Realms mode, two new characters, weapons, and upgrades. Players can also utilize in-game codes for additional rewards.

The upcoming 2.0 update promises even more exciting content, including the introduction of the new nation, Rinascita, along with new characters Carlotta and Roccia. Crucially, the game will finally launch on PlayStation 5, making it available across all major platforms.

Tencent's investment ensures Kuro Games' long-term stability, paving the way for continued growth and development of Wuthering Waves and future projects.