Tencent buys up Wuthering Waves developer Kuro Games, but reassures people that nothing much will change.
As reported by Youxi Putao, the Chinese multimedia company Tencent has acquired a new game studio: Kuro Games.
Tencent now gets Wuthering Waves shares
Tencent has purchased 37% of Wuthering Waves developer's shares. Considering that they already owned 24.4% previously, this adds up to them owning 51.4%, so a little more than half, of the shares.
Along with this, they also get a controlling stake in the Kuro Games' company, which is what has fans worried about the future of Wuthering Waves.
Kuro Games promised their staff that "operational strategy will remain unchanged," and adds the following statement in their memo:
"Based on our past collaborative experiences with Tencent, we firmly believe that this external shareholder change will provide Kuro with a more stable external environment, further benefiting our future independent operational strategies and long-term development."
"Over the past decade, our original intention of creating games has never changed, and it will remain unchanged in the next decade. We will continue to love our players, our games, and our team."
Tencent is now officially the first company to be an external shareholder of Kuro Games. This change is just in time for Wuthering Waves' upcoming 2.0 version update that will launch on January 2, 2025.
Are you worried about Wuthering Waves with Kuro Games' new shareholder in the picture? Or do you think fans can rest easy? Feel free to share your thoughts in the comments!