Tencent's Acquisition of Kuro Games: A Boost for Wuthering Waves and Beyond
Tencent has acquired a 51% controlling stake in Kuro Games, the developer behind the popular action RPG, Wuthering Waves. This follows earlier rumors in March and involves Tencent purchasing a 37% share from Hero Entertainment, making it 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 acquisition further solidifies Tencent's significant presence in the gaming industry, adding to its existing investments in companies such as Ubisoft, Activision Blizzard, and FromSoftware.
Wuthering Waves, currently enjoying success with its version 1.4 update (featuring Somnoire: Illusive Realms, new characters, weapons, and upgrades), is poised for an even bigger leap. The upcoming version 2.0 update promises the introduction of Rinascita, a new explorable nation, along with new characters Carlotta and Roccia. Crucially, version 2.0 will also mark the game's launch on PlayStation 5, expanding its reach across major platforms.
Tencent's investment provides Kuro Games with enhanced long-term stability, paving the way for future growth and development of Wuthering Waves and subsequent projects.
