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_modificationDate | Datetime | 2024-12-03 12:50:13 AM |
_pageID | Integer | 8,107 |
_pageName | Page | Tencent Acquires Stake in Kuro Games |
_pageTitle | String | News/Tencent Acquires Stake in Kuro Games
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_pageNamespace | Integer | 0 |
"News" values
1 row is stored for this page
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image | File | | |
image_alt | String | | |
tags | List of String, delimiter: , | | Tencent |
targets | List of Page, delimiter: , | | |
date | Datetime | | 2024-12-02 9:50:05 PM |
author | Page | | Dante Uzel |
category | List of String, delimiter: , | Transfer Market · Drama · Business · Companies · Hires · Investments · Mergers and Acquisitions · Sponsorships · More | |
game | List of String, delimiter: , | Age of Empires · Apex Legends · Brawl Stars · Call of Duty · Counter Strike · Dota 2 · FIFA · Fortnite · Hearthstone · League of Legends · Mobile Legends · NBA 2K · Overwatch · PUBG · PUBG Mobile · Rainbow Six · Rocket League · Smash · Starcraft II · Valorant · Warcraft III · World of Warcraft · Wild Rift | |
content | Text | | [[Companies/Tencent|Tencent]] has become the majority shareholder of Wuthering Waves developer Kuro Games. Tencent now owns a 51.4 percent controlling stake in the Chinese studio, making it the sole external shareholder. Kuro's leadership confirmed the news in an internal memo to employees.
Tencent reportedly reassured Kuro that it will continue to operate independently, while Kuro stated that the change will provide a more stable external environment. Founded in 2014, Kuro Games has released several titles, including Punishing: Gray Raven and Twin Tail Battleground.
Tencent has become one of the most significant spenders in the gaming industry, acquiring stakes in major companies like Epic Games, Remedy Entertainment, Techland, FromSoftware (via parent company Kadokawa), and Krafton. Additionally, it wholly owns notable development studios, including League of Legends maker Riot Games and British video game group Sumo Group. |
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source | Page | Games Industry |
url | String | https://www.gamesindustry.biz/tencent-acquires-majority-stake-in-kuro-games |