Tencent Invests in Wuthering Waves Developer

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

Tencent's expansion into the gaming industry continues with its 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 assured its employees, via internal memo, that its independent operations will remain unchanged. This mirrors Tencent's approach with other studios like Riot Games and Supercell, prioritizing developer creative control. This acquisition is consistent with Tencent's extensive investment portfolio, which includes stakes in major gaming companies such as Ubisoft, Activision Blizzard, and FromSoftware.

Wuthering Waves, already enjoying success with its ongoing 1.4 update (featuring Somnoire: Illusive Realms, new characters, weapons, and upgrades), is poised for an even bigger leap with the upcoming version 2.0 update. This update will introduce the new nation of Rinascita, along with characters Carlotta and Roccia, and finally bring the game to PlayStation 5, ensuring availability across all major platforms.

Tencent's investment provides Kuro Games with enhanced long-term stability, promising a bright future for Wuthering Waves and future projects.