Ragnarok Origin Hits Top 4 on Google Play and Apple App Store in Korea
GRAVITY Co., Ltd. (NasdaqGM: GRVY) announced that its game Ragnarok Origin achieved significant success within five days of its launch on July 7, 2020, in Korea.
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Rhea-AI Summary
GRAVITY Co., Ltd. (NasdaqGM: GRVY) announced that its game Ragnarok Origin achieved significant success within five days of its launch on July 7, 2020, in Korea. As of July 13, 2020, the game ranked fourth in sales on both Google Play and Apple’s App Store. Despite unexpected high traffic causing server strain, the company has managed to maintain its sales position. GRAVITY is actively monitoring service stability and providing real-time user support.
Positive
- Ragnarok Origin ranked fourth in sales on both Google Play and Apple’s App Store within five days of launch.
- High user traffic indicates strong demand for Ragnarok Origin.
Negative
- Unexpected server traffic caused strain on services.
Details
News Market Reaction – GRVY
The recorded move for GRVY in the trading session of this news was +14.75%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Seoul, July 13, 2020 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that Ragnarok Origin recorded meaningful performance in just five days after its launch on July 7, 2020 in Korea.
Ragnarok Origin ranked as the fourth in sales of Google Play games and the fourth in sales of Apple’s App Store games as of July 13, 2020.
Even though so much traffic on the server was created by large numbers of users than expected from the first day of its release, it has succeeded as ranking at the top 4 of sales in such a short period of time.
Gravity is doing its best to monitor for stable service and respond to users in real time.
[Official Gravity Website] http://www.gravity.co.kr/kr
[Event Page] https://ragnarokorigin.gnjoy.com/Event
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 93 markets and countries. 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. Minji Oh
IR Unit
Gravity Co., Ltd.
Email: ir@gravity.co.kr
Telephone: +82-2-2132-7800
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