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Home >  News >  Wuthering Waves’ Kuro Games Taken Over by Tencent as Majority Shareholder

Wuthering Waves’ Kuro Games Taken Over by Tencent as Majority Shareholder

Author : Claire Update：Jan 19,2025

Wuthering Waves’ Kuro Games Acquired by TencentTencent, a leading Chinese technology company, has reportedly secured a majority stake in Kuro Games, the developer behind the popular titles Wuthering Waves and Punishing: Gray Raven. Let's explore the implications of this acquisition.

Tencent's Increased Investment in Kuro Games

Tencent Now Holds Majority Control

Tencent's Majority Stake in Kuro GamesTencent's shareholding in Kuro Games has significantly increased to approximately 51.4%. This follows a previous investment in 2023 and the departure of other shareholders, resulting in Tencent becoming the sole external stakeholder and holding a controlling interest.

Maintaining Operational Independence

According to sources cited by the Chinese news outlet Youxi Putao, Kuro Games will maintain its operational independence despite Tencent's majority ownership. This mirrors Tencent's approach with other successful game studios like Riot Games (League of Legends, Valorant) and Supercell (Clash of Clans, Brawl Stars). Kuro Games' official statement emphasizes that this acquisition will foster a "more stable external environment" and support its long-term independent strategy. Tencent has yet to publicly address the acquisition.

Kuro Games' Successful

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