Tencent Acquires Major Stake in Kuro Games, Creator of Wuthering Waves

Tencent has significantly expanded its influence in the gaming industry by acquiring a 51% controlling stake in Kuro Games, the creators of the popular RPG Wuthering Waves. This move comes as no surprise given Tencent's extensive portfolio, which includes stakes in major studios like Ubisoft, Activision Blizzard, and FromSoftware. The acquisition involved purchasing a 37% share from Hero Entertainment, establishing Tencent as the sole external shareholder of Kuro Games.

Despite the shift in ownership, Kuro Games has reassured its employees through an internal memo that it will maintain independent operations, mirroring Tencent's approach with other studios such as Riot Games and Supercell. This strategy allows the developers to retain creative control, ensuring that the essence of Wuthering Waves remains intact.

Wuthering Waves has been thriving with its recent updates. The current version 1.4 update introduced the Somnoire: Illusive Realms mode and two new characters, along with various weapons and upgrades. Players can also take advantage of Wuthering Waves codes to claim free rewards.

Looking forward, Kuro Games has announced that the upcoming version 2.0 update will introduce a new nation called Rinascita, along with new characters Carlotta and Roccia. Additionally, Wuthering Waves is set to launch on PlayStation 5, making it accessible on all major gaming platforms.

With Tencent's resources backing them, Kuro Games is poised for long-term stability, which bodes well for the future of Wuthering Waves and any upcoming projects.