GRAVITY (NasdaqGM: GRVY) launched Ragnarok Origin Classic on March 26, 2026 in Korea, Taiwan, Hong Kong, Macau and Southeast Asia as a multi-platform MMORPG for PC and mobile.
The release preserves classic Ragnarok charm and job classes while simplifying growth mechanics and using a monthly pass system to emphasize skill and strategy.
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News Market Reaction – GRVY
+0.08%
+0.08%Session close to close
In the Mar 26 session, GRVY gained 0.08%, reflecting a mild positive market reaction.
This announcement extends Gravity’s Ragnarok franchise with Ragnarok Origin Classic launching on bot...
Analysis
This announcement extends Gravity’s Ragnarok franchise with Ragnarok Origin Classic launching on both PC and mobile across Korea, Taiwan, Hong Kong, Macau and Southeast Asia on March 26, 2026. It follows several recent regional launches and preliminary FY 2025 results showing KRW 560 billion in revenue and KRW 77 billion in operating profit. Investors may focus on user adoption, monetization of the monthly pass system, and how this title contributes to stabilizing or improving recent quarterly profit trends.
Official China launch of Ragnarok: Rebirth following prior regional success.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
Game launch headlines often showed mixed price reactions, with some positive launches followed by negative next‑day performance.
Recent Company History
Over the last few months, GRVY has combined steady Ragnarok franchise expansion with softer financial trends. A December 25, 2025 China launch for Ragnarok: Rebirth and multiple January 2026 regional launches extended its global MMORPG footprint. However, preliminary Q4 2025 results on February 13, 2026 showed revenue and operating profit declines. Today’s multi‑region launch of Ragnarok Origin Classic continues the strategy of leveraging the Ragnarok IP across new platforms and territories.
Key Terms
mmorpg, operating profit, unaudited, form 3, +2 more
6 terms
mmorpgtechnical
"an MMORPG Mobile and PC game, in Korea, Taiwan, Hong Kong, Macau"
A massively multiplayer online role-playing game (MMORPG) is a persistent virtual world where large numbers of players interact, complete tasks, and develop characters over time, like a digital playground or long-running TV series you can join. Investors care because these games generate ongoing revenue through subscriptions, in-game purchases, or expansions and rely on player numbers and engagement—similar to a membership club—so retention and network effects drive long-term cash flow and growth potential.
operating profitfinancial
"with operating profit KRW 12 billion, down 18.6% QoQ and 12.9% YoY"
Operating profit is the amount of money a company makes from its core business activities after subtracting the costs directly related to running those activities, such as wages and supplies. It shows how efficiently a company is generating profit from its main operations, serving as a key indicator for investors to assess its financial health and profitability before considering other expenses like taxes or interest.
unauditedfinancial
"reported preliminary unaudited results for Q4 2025 and business updates"
"Unaudited" describes financial statements or reports that have not been examined or verified by an independent accountant or auditor. Because they haven't undergone this review, they may not be as reliable or accurate as audited reports, making them less certain for investors to rely on when assessing a company's financial health. Think of it as a preliminary estimate that could change once checked by an expert.
form 3regulatory
"has filed an initial statement of beneficial ownership on Form 3"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownershipregulatory
"Initial Statement of Beneficial Ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
"no derivative securities positions for this reporting person"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
Seoul, Korea, March 26, 2026 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that GRAVITY Game Vision, Ltd., Gravity’s wholly-owned subsidiary, has officially launched Ragnarok Origin Classic (Chinese Title: RO 仙境傳說：愛如初見Classic), an MMORPG Mobile and PC game, in Korea, Taiwan, Hong Kong, Macau and Southeast Asia on March 26, 2026.
Ragnarok Origin Classic was released as a multi-platform for both PC and Mobile. The PC version can be installed by downloading the client from official website or the Mobile version can be downloaded on Google Play and Apple App Store in their respective regions after searching the title name.
Ragnarok Origin Classic operates monthly pass system, which promotes a gaming environment where players can enjoy the game through skill and strategy. It has enhanced overall game convenience by preserving classic charm from the original Ragnarok Online universe and job class system while simplifying the growth mechanics to optimize playtime.
In the previous CBT, the majority of players reported that they felt the changes in Ragnarok OriginClassic.
Gravity stated, "We have perfectly realized the pure joy of adventure that users have long desired in Ragnarok Origin Classic. We expect to carry on the legacy of Ragnarok Origin with bold system revamp and combat design that places greater emphasis on skill and strategy."
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. Jimin Park IR Unit Gravity Co., Ltd. Email: ir@gravity.co.kr Telephone: +82-2-2132-7801
FAQ
When did GRVY launch Ragnarok Origin Classic in Korea and Asia?
The game launched on March 26, 2026 in Korea, Taiwan, Hong Kong, Macau and Southeast Asia. According to Gravity, the multi-platform release supports both PC and mobile installations and regional app store availability.
How can players download Ragnarok Origin Classic (GRVY) on PC and mobile?
Players can install the PC client from the official website or download the mobile app on Google Play and Apple App Store. According to Gravity, region-specific titles and stores host the official downloads and community links.
What gameplay systems does Ragnarok Origin Classic (GRVY) use at launch?
Ragnarok Origin Classic uses a monthly pass system and preserves classic job classes with simplified growth mechanics. According to Gravity, the design prioritizes skill and strategy while optimizing playtime and overall convenience.
Which regions are supported for Ragnarok Origin Classic by GRVY at release?
The initial release covers Korea, Taiwan, Hong Kong, Macau and Southeast Asia on March 26, 2026. According to Gravity, the launch targets those regional stores with multi-platform support and dedicated community channels.
Where can investors find official community and support links for GRVY's new game?
Official community pages include the game website, Naver Lounge, Facebook, Discord and YouTube channels. According to Gravity, those links provide downloads, updates and community support for Ragnarok Origin Classic players.
