January 9, 2025
  • Home
  • Default
  • Tencent Secures Dominant Stake in Kuro Gaming
Tencent acquires majority stake in Kuro Video games

Tencent Secures Dominant Stake in Kuro Gaming

By on December 2, 2024 0 25 Views

The developer will continue to operate autonomously as a subsidiary of the gaming company.

Image credit attribution: Kuro Games

Tencent has acquired a controlling interest in the Chinese developer Kuro Games.

According to Gematsu, Tencent purchased a 37% share of the studio from Hero Entertainment for an undisclosed amount, raising its total stake to 51.4%.

This positions Tencent as the sole external shareholder of the developer.

Per an internal memo, Kuro Games emphasized that while Tencent now owns a larger percentage of the firm than its own internal holdings, “its model of independent operations will remain consistent.”

Tencent began investing in Kuro Games in 2023, while He

Read More

  Default
Leave a comment

Your email address will not be published. Required fields are marked *