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Ragnarok IP’s 2 Titles Successfully Launched in Southeast Asia, Taiwan, Hong Kong and Macau

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Gravity Co., (GRVY) announced successful launches of two Ragnarok IP titles on October 31, 2024. The Ragnarok achieved top rankings in Southeast Asian markets, reaching #1 in free downloads on Google Play across 6 regions and #2 in Apple App Store across 4 regions. The game secured #3 in Google Play's top grossing in Thailand and Philippines, while reaching #1 and #2 positions in Apple App Store's top grossing across multiple regions.

Ragnarok: Rebirth also performed strongly in Taiwan, Hong Kong, and Macau, achieving top-3 positions in free downloads and notable rankings in top grossing charts, including #2 in Macau's Apple App Store and #5 in Macau's Google Play top grossing.

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Positive

  • Strong initial market performance with #1 rankings in multiple regions
  • High grossing rankings achieved in both app stores across various markets
  • Successful simultaneous launch across 13 different regions
  • Strong presence in both Android and iOS platforms

Negative

  • None.

News Market Reaction 1 Alert

+2.54% News Effect

On the day this news was published, GRVY gained 2.54%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Seoul, Korea, Nov. 07, 2024 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that since the official launching of The Ragnarok in 10 regions of Southeast Asia and Ragnarok: Rebirth (Chinese title: Chinese Title: RO 仙境傳說:重生) in Taiwan, Hong Kong and Macau on October 31, 2024, the early success has been made in the launching markets.

The Ragnarok has ranked first in free download of Google Play in 6 regions of Thailand, Indonesia, Philippines, Malaysia, and Singapore, etc., and ranked second in free download of Apple App Store in 4 regions of Thailand, Indonesia, Philippines and Malaysia after pre-download on October 29, 2024.

After its launching, the game ranked third in top grossing of Google play in Thailand and Philippines, and ranked first in Philippines and second in Thailand and Indonesia in top grossing of Apple App Store.

Ragnarok: Rebirth (Chinese title: Chinese Title: RO 仙境傳說:重生) has ranked second in Hong Kong and Macau, and third in Taiwan in free download of Google Play, and ranked first in free download of Apple App Store in Taiwan, Hong Kong and Macau after pre-download on October 29, 2024. It has ranked second in Macau, seventh in Taiwan and eighth in Hong Kong in top grossing of Apple App Store, and ranked fifth in top grossing of Google Play in Macau after its launching.

Gravity stated “we are achieving great results due to the enthusiastic interest of users. We are thankful for users’ continued love for the Ragnarok IP game.”

[Gravity Official Website]
http://www.gravity.co.kr

[The Ragnarok Official Website]
https://theragnaroksea.com/

[The Ragnarok Google Play Download Page]
https://play.google.com/store/apps/details?id=com.ggt.tr.google

[The Ragnarok Apple App Store Download Page]
https://apps.apple.com/th/app/the-ragnarok/id6575353957

[The Ragnarok Google Play Games Download Page]
https://play.google.com/store/apps/details?id=com.ggt.tr.google

[The Ragnarok : Rebirth Official Website]
https://ror.gnjoy.hk/

[The Ragnarok : Rebirth Google Play Download Page]
https://play.google.com/store/apps/details?id=com.ggv.rebirth.tw

[The Ragnarok : Rebirth Apple App Store Download Page]
https://apps.apple.com/tw/app/ro%E4%BB%99%E5%A2%83%E5%82%B3%E8%AA%AA-%E9%87%8D%E7%94%9F/id6596747214

[The Ragnarok : Rebirth Huawei App Gallery Page]

https://appgallery.huawei.com/app/C112092537

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
Ms. Eseon Kwon
IR Unit
Gravity Co., Ltd.
Email: ir@gravity.co.kr
Telephone: +82-2-2132-7801


FAQ

What rankings did The Ragnarok (GRVY) achieve in Southeast Asian markets on October 31, 2024?

The Ragnarok ranked #1 in free downloads on Google Play in 6 regions including Thailand, Indonesia, Philippines, Malaysia, and Singapore, and #2 in Apple App Store free downloads in Thailand, Indonesia, Philippines, and Malaysia.

How did Ragnarok: Rebirth (GRVY) perform in Taiwan, Hong Kong, and Macau after launch?

Ragnarok: Rebirth ranked #2 in Hong Kong and Macau, #3 in Taiwan for Google Play free downloads, and #1 in Apple App Store free downloads across all three regions. It reached #2 in Macau's App Store top grossing and #5 in Google Play top grossing.

What were the top grossing rankings for The Ragnarok (GRVY) after its October 31, 2024 launch?

The Ragnarok ranked #3 in top grossing on Google Play in Thailand and Philippines, and achieved #1 in Philippines and #2 in Thailand and Indonesia in Apple App Store's top grossing charts.
Gravity

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Electronic Gaming & Multimedia
Communication Services
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South Korea
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