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Tencent acquires majority stake in Kuro Games


Tencent has acquired roughly 37 p.c of the shares of Wuthering Waves developer Kuro Games from Hero Entertainment, and now holds a 51.4 p.c controlling stake within the firm. Tencent is now additionally the one exterior shareholder of Kuro Games.

In an inside memo, Kuro Games stated that whereas Tencent’s shares now surpass these held by Kuro Games itself, Tencent has assured the corporate that its technique of unbiased operations will stay unchanged, equally to how Tencent operates with subsidiaries Riot Games and Supercell.

Kuro Games stated that it imagine the change will create a extra secure exterior atmosphere for the corporate and assist its long-term technique of unbiased operations.

Thanks, Youxi Putao.

Ella Bennet
Ella Bennet
Ella Bennet brings a fresh perspective to the world of journalism, combining her youthful energy with a keen eye for detail. Her passion for storytelling and commitment to delivering reliable information make her a trusted voice in the industry. Whether she’s unraveling complex issues or highlighting inspiring stories, her writing resonates with readers, drawing them in with clarity and depth.
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