Tencent Acquires Majority Stake in Kuro Games

Tencent, a leading Chinese technology company, has reportedly secured a majority stake in Kuro Games, the developer behind the popular titles Wuthering Waves and Punishing: Gray Raven. This acquisition significantly alters the landscape for both companies.

Tencent's Increased Investment in Kuro Games

Majority Shareholder Status Achieved

Tencent's shareholding in Kuro Games has risen to approximately 37%, solidifying its position. With a total of 51.4% ownership following the departure of other shareholders, Tencent now holds a controlling interest and is the sole external investor in Kuro Games. This follows an initial investment made in 2023.

Maintaining Operational Independence

According to reports from Youxi Putao, a Chinese news outlet, Kuro Games will retain its operational independence despite Tencent's majority stake. This mirrors Tencent's approach with other successful studios like Riot Games (League of Legends, Valorant) and Supercell (Clash of Clans, Brawl Stars). Kuro Games' official statement emphasizes that this acquisition will foster a "more stable external environment" and support its long-term independent strategy. Tencent has yet to publicly address the acquisition.

Kuro Games' Successful