Tencent Invests in Wuthering Waves Dev Kuro Games

Tencent acquires a controlling stake in Kuro Games, bolstering its presence in the gaming industry. This acquisition grants Tencent 51% ownership of the studio behind the popular action RPG, Wuthering Waves.

Rumors of this acquisition circulated in March, but the deal is now officially confirmed, with Tencent purchasing a 37% stake from Hero Entertainment. Kuro Games assures employees that its independent operations will remain unchanged, mirroring Tencent's approach with other studios like Riot Games and Supercell.

This move aligns with Tencent's established pattern of significant investments in the gaming sector. The company already holds stakes in major players such as Ubisoft, Activision Blizzard, and FromSoftware. The acquisition of Kuro Games significantly strengthens Tencent's position in the adventure RPG market.

Wuthering Waves itself continues its successful trajectory. The current version 1.4 update features the new Somnoire: Illusive Realms mode, two new characters, weapons, and upgrades. Players can also utilize available in-game codes for additional rewards.

The upcoming version 2.0 update promises even more exciting content, including the introduction of Rinascita, a new explorable nation, and new characters, Carlotta and Roccia. Crucially, version 2.0 will also mark the game's launch on PlayStation 5, making it accessible across all major platforms.

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