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Tencent becomes major stakeholder in Wuthering Waves’ creator Kuro Games

by Eric Jan 05,2025

Tencent acquires a controlling 51% stake in Kuro Games, the developer behind the popular action RPG, Wuthering Waves. This follows earlier rumors from March and sees Tencent become the sole external shareholder, purchasing a 37% share from Hero Entertainment.

Kuro Games assures employees that its independent operations will remain unchanged, mirroring Tencent's approach with other studios like Riot Games and Supercell. This acquisition is consistent with Tencent's history of significant investments in the gaming industry, including stakes in Ubisoft, Activision Blizzard, and FromSoftware.

Wuthering Waves, currently enjoying success with its version 1.4 update (featuring Somnoire: Illusive Realms, new characters, weapons, and upgrades), is poised for an even bigger launch 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, expanding its reach across all major platforms.

Tencent's investment significantly strengthens Kuro Games' long-term stability, paving the way for continued growth and development of Wuthering Waves and future projects.

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