Home News Kuro Games: Tencent Invests as Major Shareholder

Kuro Games: Tencent Invests as Major Shareholder

Author : Aria Update : Dec 10,2024

Tencent's strategic acquisition of a 51% controlling stake in Kuro Games, the developer behind the popular action RPG Wuthering Waves, marks a significant expansion of its gaming portfolio. This follows earlier rumors and confirms Tencent's purchase of a 37% share from Hero Entertainment, making it the sole external shareholder.

Kuro Games has reassured its employees that its operational independence will remain intact, mirroring Tencent's approach with other studios like Riot Games and Supercell. This commitment to maintaining creative autonomy ensures the studio's unique identity and development process will continue.

This acquisition is consistent with Tencent's established pattern of major investments in the gaming industry, encompassing significant holdings in companies like Ubisoft, Activision Blizzard, and FromSoftware. The addition of Kuro Games substantially strengthens Tencent's presence in the adventure RPG sector.

Wuthering Waves itself is experiencing considerable success, with the current 1.4 update introducing a new game mode, characters, weapons, and upgrades. Players can utilize available in-game codes to unlock additional rewards. Furthermore, the upcoming 2.0 update promises the introduction of a new explorable nation, Rinascita, along with fresh characters and a highly anticipated PlayStation 5 release, expanding the game's accessibility across major platforms.

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Tencent's investment provides Kuro Games with enhanced long-term stability and resources, promising a bright future for Wuthering Waves and future projects. The acquisition signifies a strategic move for both companies, leveraging Tencent's resources while preserving Kuro Games' creative vision.