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Tencent Invests in Kuro Games, Unveiling Wuthering Waves

Authore: MichaelUpdate:Dec 16,2024

Tencent acquires a controlling 51% stake in Kuro Games, the developer behind the popular action RPG Wuthering Waves. This follows earlier rumors of a potential acquisition in March. The deal involves Tencent purchasing a 37% share from Hero Entertainment, becoming the sole external shareholder.

Kuro Games has assured its employees that its independent operations will remain unchanged, mirroring Tencent's approach with studios like Riot Games and Supercell. This strategy prioritizes creative autonomy for the development teams.

This acquisition is consistent with Tencent's extensive investment portfolio in the gaming industry, including significant stakes in companies like Ubisoft, Activision Blizzard, and FromSoftware. The investment significantly strengthens Kuro Games' 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 also utilize in-game codes for additional rewards.

The upcoming Version 2.0 update promises even more exciting content, including the introduction 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 provides Kuro Games with enhanced long-term stability, paving the way for future growth and development of Wuthering Waves and subsequent projects.