Tencent has acquired a 37% stake in Kuro Games from Hero Entertainment for an undisclosed fee to increase its total ownership of the studio to 51.4%.
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Geek Alliance LLCAs reported by Gematsu, the move now makes Tencent the sole external shareholder of the Wuthering Waves developer after previously owning 14.33% of shares. … [MORE]
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1 Comment
Wow, Tencent really knows how to make moves in the gaming industry! Acquiring that 37% stake in Kuro Games is a big deal, especially since they now have a majority share. Wuthering Waves has been generating a lot of buzz, so it makes sense for Tencent to want more control. I’m curious to see how this will affect the game’s development and future updates. Hope it means more resources and better content for us players!