Wuthering Waves Creator Kuro Games Gains Tencent Investment

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

Tencent has further expanded its gaming empire by acquiring a 51% controlling stake in Kuro Games, the developer behind the popular action RPG, Wuthering Waves. This follows earlier rumors from March, with Tencent purchasing a 37% share from Hero Entertainment, becoming the sole external shareholder.

Kuro Games has assured its employees, via internal memo, that its operational independence will remain unaffected. This mirrors Tencent's approach with other studios like Riot Games and Supercell, prioritizing developer autonomy. This acquisition is unsurprising given Tencent's extensive portfolio of gaming investments, including stakes in Ubisoft, Activision Blizzard, and FromSoftware. This move significantly strengthens Tencent's presence in the action RPG market.

Wuthering Waves, already enjoying success with its ongoing Version 1.4 update (introducing Somnoire: Illusive Realms, new characters, weapons, and upgrades), is poised for even greater growth. The upcoming Version 2.0 update promises a major expansion, including the addition of the Rinascita nation, new characters (Carlotta and Roccia), and a highly anticipated PlayStation 5 launch, bringing the game to all major platforms.

With Tencent's substantial resources now supporting Kuro Games, the long-term stability of the studio and the continued success of Wuthering Waves are significantly enhanced, paving the way for future projects.