Tencent Acquires Majority Stake in Wuthering Waves Developer Kuro Games - News

Tweet

Tencent now has a majority stake in Wuthering Waves developer Kuro Games. Tencent bought 37 percent of shares from Hero Entertainment and now holds 51.4 percent of the shares in Kuro Games.

Kuro Games in an internal memo stated that while Tencent owns a majority of shares in the developer it has been assured its strategy of an independent operations will remain the same. This is how Tencent operates subsidiaries Riot Games and Supercell.

Thanks, Gematsu.

A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can contact the author on Twitter @TrunksWD.

More Articles