Tencent Invests in Mobile Game Developer Kuro Games

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

Kuro Games assures its employees that its internal structure and independent operations will remain unchanged, mirroring Tencent's approach with other studios like Riot Games and Supercell. This acquisition further solidifies Tencent's significant presence in the gaming industry, adding to its existing investments in companies such as Ubisoft, Activision Blizzard, and FromSoftware.

Wuthering Waves itself continues to thrive, with the current version 1.4 update featuring the new Somnoire: Illusive Realms mode, two new characters, weapons, and upgrades. Players can also utilize in-game codes for additional rewards.

The upcoming version 2.0 update promises even more exciting content: the introduction of Rinascita, a new explorable nation; new characters Carlotta and Roccia; and a highly anticipated PlayStation 5 release, bringing the game to all major platforms.

Tencent's investment provides Kuro Games with enhanced long-term stability, paving the way for future growth and development of Wuthering Waves and subsequent projects.