仙境传说:破晓 (Ragnarok Dawn, Tentative English Title) Has Successfully Launched in China
Rhea-AI Summary
Gravity Co., (GRVY) has announced the successful launch of 仙境传说:破晓 (Ragnarok: Dawn), an idle MMORPG mobile game, in China through WeChat Mini Programs on February 20, 2025. The game, which received its ISBN in June 2024, has shown promising early performance by ranking eighth in top grossing WeChat Mini Programs.
Following positive feedback from the January CBT (Closed Beta Test), the game's success through WeChat Mini Programs has increased anticipation for its upcoming mobile app version. This launch adds to Gravity's portfolio of successful Ragnarok IP titles in China, where three previous games have already received ISBNs and performed well.
Positive
- Successful launch and early performance in China's WeChat Mini Programs
- Achieved 8th rank in top grossing WeChat Mini Programs
- Positive feedback from CBT indicates strong market reception
- Upcoming mobile app version launch creates additional growth potential
Negative
- Game currently to WeChat Mini Programs platform only
- Faces competition from three existing Ragnarok IP titles in Chinese market
News Market Reaction 1 Alert
On the day this news was published, GRVY gained 1.03%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Seoul, South Korea, March 18, 2025 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that 仙境传说:破晓 (“Ragnarok: Dawn”, Tentative English Title), an idle MMORPG mobile game, has made an early success after its launch in China on February 20, 2025.
Following the ISBN received in June 2024, Ragnarok: Dawn officially launched in China on February 20, 2025, via mobile messenger WeChat Mini Programs. Building on the positive feedback from CBT conducted in January, Ragnarok: Dawn achieved notable success upon launch, ranking eighth in top grossing of WeChat Mini Programs. This early success has further heightened anticipation for the upcoming release of the mobile app version.
Gravity stated, “Following the successful performance of the three Ragnarok IP titles that previously received ISBNs, the successful result of Ragnarok: Dawn is all thanks to the support of our users. We ask for your continued interest and participation with the launch of the mobile app version as well.”.
[Gravity Official Website]
http://www.gravity.co.kr
About GRAVITY Co., Ltd. ---------------------------------------------------
Gravity is a developer and publisher of online and mobile games. Gravity’s principal product, Ragnarok Online, is a popular online game in many markets, including Japan and Taiwan, and is currently commercially offered in 91 regions. For more information about Gravity, please visit http://www.gravity.co.kr.
Contact:
Mr. Heung Gon Kim
Chief Financial Officer
Gravity Co., Ltd.
Email: kheung@gravity.co.kr
Ms. Jin Lee
Ms. Yujin Oh
IR Unit
Gravity Co., Ltd.
Email: ir@gravity.co.kr
Telephone: +82-2-2132-7801