Wuthering Waves

Tencent acquires a majority stake in Kuro Games, the team behind Wuthering Waves

As reported by the site Youxi Putao, Tencent has acquired approximately 37% of Kuro Games shares from Hero Entertainment, a team particularly known for Wuthering Waves, and now holds a controlling stake of 51.4% in the company. Tencent is also now the only external shareholder of Kuro Games.

In an internal note, Kuro Games stated that, although Tencent’s shares now exceed those held by Kuro Games itself, the company has been assured that it will remain independent and operate autonomously without any changes to its strategy, much like Tencent operates with its subsidiaries Riot Games and Supercell. Kuro Games believes that this change will create a more stable external environment for the company and support its long-term strategy of independent operations.

It is worth noting that, regarding Wuthering Waves, it is currently available on PC and mobile (Android, iOS), and will be released on PlayStation 5 starting from 2nd January.

Tencent Kuro Games

Michael Schmidt is a games media writer with a passion for exploring the intersection of technology and gaming culture. He enjoys uncovering the stories behind game development and discussing emerging industry trends. When he's not writing, Michael tests out the latest indie games, attends gaming conventions, and keeps up with advancements in gaming technology. His enthusiasm and curiosity make his work engaging for readers.