Tencent expands its gaming empire, acquiring a controlling 51% stake in Kuro Games, the developer behind the popular action RPG, Wuthering Waves. This acquisition, following earlier March rumors, solidifies Tencent's position in the gaming industry and provides significant resources for Kuro Games' future projects.
The deal involves Tencent purchasing a 37% share from Hero Entertainment, becoming the sole external shareholder. However, 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 move aligns with Tencent's established pattern of strategic investments in major gaming companies, including Ubisoft, Activision Blizzard, and FromSoftware. The acquisition significantly strengthens Tencent's presence in the adventure RPG market.
Wuthering Waves itself is experiencing a period of growth, with the current version 1.4 update introducing the Somnoire: Illusive Realms mode, new characters, weapons, and upgrades. Players can also utilize in-game codes for additional rewards.
The upcoming version 2.0 update promises even more exciting content, including the introduction of the Rinascita nation, new characters (Carlotta and Roccia), and a highly anticipated PlayStation 5 launch, bringing the game to all major platforms.
With Tencent's backing, Kuro Games is poised for continued success, ensuring the long-term stability of Wuthering Waves and future endeavors.
