Tencent Invests in Wuthering Waves Creator

Tencent Acquires Majority Stake in Kuro Games, Boosting Wuthering Waves Development

Tencent's expansion in the gaming industry continues with the acquisition of a 51% controlling stake in Kuro Games, the developer behind the popular action RPG, Wuthering Waves. This follows earlier rumors in March, with Tencent purchasing a 37% share from Hero Entertainment, becoming the sole external shareholder.

Kuro Games has reassured its employees that its operational independence will remain unchanged, mirroring Tencent's approach with studios like Riot Games and Supercell. This ensures creative control stays primarily with the development team.

This acquisition is consistent with Tencent's extensive portfolio of investments in major gaming companies, including Ubisoft, Activision Blizzard, and FromSoftware. The partnership significantly strengthens Kuro Games' position in the adventure RPG market.

Wuthering Waves itself is experiencing significant momentum. The current 1.4 update features the new Somnoire: Illusive Realms mode, two new characters, weapons, and upgrades. Players can also utilize in-game codes for additional rewards.

The upcoming version 2.0 update promises even more, introducing the new explorable nation of Rinascita, along with characters Carlotta and Roccia. Most notably, Wuthering Waves will finally launch on PlayStation 5, making it accessible across all 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.