Tencent Acquires Controlling Stake in Dev of PS5's Wuthering Waves | Push Square
Wuthering Waves got off to a sturdy start when it launched on PC and mobile earlier this year, but it actually feels like it’s on the cusp of truly blowing up. With fan sentiment high, and a PS5 release planned for 2nd January, the gacha could be about to massively increase its popularity as its big v2.0 update nears.
Chinese titan Tencent clearly realises that, as it’s acquired a controlling stake in maker Kuro Games. It had already invested in the studio previously, but it’s now purchased 37% of the firm’s shares from Hero Entertainment, giving it 51.4% ownership of the developer.
Out for PS5 on 2nd January
In an internal memo, Kuro Games’ executives insisted that Tencent will remain hands-off, and that its strategy of independent operations will remain. It added that it believes this will all lead to a more stable external environment, enabling it to focus on other areas.
We’re not particularly surprised by any of this. As we mentioned previously, Wuthering Waves does look like it’s here to stay, and we suspect it’s going to steal a number of players away from Genshin Impact next year. Its big v2.0 update is looking like it’s going to be a big moment for the gacha: a lot of the concept art that’s been released thus far looks incredible, and we’re already itching to see more.
As the Editor of Push Square, Sammy has over 15 years of experience analysing the world of PlayStation, from PS3 through PS5 and everything in between. He’s an expert on PS Studios and industry matters, as well as sports games and simulators. He also enjoys RPGs when he has the time to dedicate to them, and is a bit of a gacha whale.
Well that won't be good for Gatcha part the Chinese have no shame with the predatory stuff.
@Flaming_Kaiser The game is already predatory anyway with its gacha.
MiHoYo Hoyoverse has GI, HSR and ZZZ. I’d be more concerned if Tencent bought them. And I’m curious if Infinity Nikki will hit it big. You’d think at some point the gatcha games have to start maxing out
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