Home News Tencent becomes major stakeholder in Wuthering Waves’ creator Kuro Games

Tencent becomes major stakeholder in Wuthering Waves’ creator Kuro Games

Author : Henry Jan 16,2025

Tencent acquires a controlling stake in Kuro Games, bolstering its presence in the gaming industry. This acquisition grants Tencent a 51% ownership of Kuro Games, the developer behind the popular action RPG, Wuthering Waves. The deal, finalized after earlier March rumors, involves purchasing a 37% share from Hero Entertainment.

Kuro Games assures employees that its independent operations will remain unchanged, mirroring Tencent's approach with studios like Riot Games and Supercell. This maintains creative control within the development team.

This acquisition isn't unexpected, given Tencent's extensive portfolio of gaming investments, including stakes in Ubisoft, Activision Blizzard, and FromSoftware. This strategic move significantly strengthens Tencent's position in the action RPG market.

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Wuthering Waves continues to receive substantial updates. Version 1.4 recently introduced the Somnoire: Illusive Realms mode, two new characters, weapons, and upgrades. Players can utilize in-game codes for additional rewards.

The upcoming version 2.0 update promises even more, including the addition of the Rinascita nation, new characters (Carlotta and Roccia), and a highly anticipated PlayStation 5 release, bringing the game to all major platforms.

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