Tencent has significantly expanded its influence in the gaming industry by acquiring a 51% controlling stake in Kuro Games, the creators of the popular RPG, Wuthering Waves. This move comes as great news for fans, especially with a major update for Wuthering Waves scheduled for next month.
Rumors about Tencent's interest in acquiring a majority stake in Kuro Games began circulating in March, but it's only now that the deal has been finalized. Tencent has purchased a 37% share from Hero Entertainment, positioning itself as the sole external shareholder of Kuro Games.
Despite Tencent's new majority stake, Kuro Games has reassured its employees through an internal memo that it will continue to operate independently, much like Tencent's other studios such as Riot Games and Supercell. This approach ensures that the creative control remains with the developers, a strategy that has proven successful for Tencent in the past.
Tencent's acquisition of Kuro Games is just another chapter in its extensive investment history, which includes stakes in Ubisoft, Activision Blizzard, and FromSoftware, among others. This latest move strengthens Tencent's presence in the adventure RPG market, particularly with Wuthering Waves under its wing.
Wuthering Waves has been thriving with its recent updates. The current version 1.4 has introduced the exciting Somnoire: Illusive Realms mode and two new characters. Players can also grab new weapons and upgrades, and don't forget to use these Wuthering Waves codes for some fantastic freebies!
Looking forward, Kuro Games has announced that the upcoming version 2.0 update will introduce Rinascita, a new nation to explore, along with new characters like Carlotta and Roccia. Additionally, Wuthering Waves is set to launch on the PlayStation 5, making it accessible on all major gaming platforms.
With Tencent's resources now backing Kuro Games, the studio's long-term stability is enhanced, promising a bright future for Wuthering Waves and any forthcoming projects.
