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“Ragnarok: Rebirth” Official Launching in Taiwan, Hong Kong and Macau on October 31, 2024

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Gravity Co., (GRVY) has announced the official launch of Ragnarok: Rebirth, a 3D MMORPG mobile game, in Taiwan, Hong Kong, and Macau on October 31, 2024. The game features idle content for reduced player fatigue and quick character progression, along with both vertical and horizontal screen options. The game has already demonstrated strong market performance, reaching the top position in free popular games on the Apple App Store across multiple Southeast Asian countries, including Thailand, Philippines, Indonesia, and Malaysia, following its June launch in that region.

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Positive

  • Strong market performance with #1 ranking in multiple Southeast Asian markets
  • Geographic expansion into new markets (Taiwan, Hong Kong, Macau)
  • Successful previous launch in Southeast Asia demonstrates proven market demand

Negative

  • None.

News Market Reaction 1 Alert

-1.23% News Effect

On the day this news was published, GRVY declined 1.23%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Seoul, South Korea, Oct. 31, 2024 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that Gravity’s wholly-owned subsidiary, Gravity Game Vision Co., Ltd, officially launched the 3D MMORPG mobile game, Ragnarok: Rebirth (Chinese Title: 中仙境傳說:重生), on October 31, 2024 at 9:00 am (HKT) in Taiwan, Hong Kong and Macau.

Ragnarok: Rebirth is idle content, which reduces fatigue and provides rich rewards that allow users to grow their characters quickly over time. The game provides both vertical and horizontal screens for user convenience. In June of this year, immediately after its launch in Southeast Asia, Ragnarok Rebirth ranked the first in free popular game in the Apple App Store in Thailand, the Philippines, Indonesia, and Malaysia, proving its undying popularity. 

“As the title suggests, Ragnarok: Rebirth was created to provide a new Ragnarok experience,” Gravity stated. “We're grateful for the enthusiastic interest and support for the pre-registration, and we'll do our best for users with good service.”

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

[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

When did Gravity (GRVY) launch Ragnarok: Rebirth in Taiwan, Hong Kong, and Macau?

Gravity launched Ragnarok: Rebirth in Taiwan, Hong Kong, and Macau on October 31, 2024, at 9:00 am (HKT).

How did Ragnarok: Rebirth (GRVY) perform in Southeast Asian markets?

The game ranked first in free popular games on the Apple App Store in Thailand, Philippines, Indonesia, and Malaysia following its launch in June 2024.

What are the key features of Gravity's (GRVY) Ragnarok: Rebirth mobile game?

The game features idle content for reduced player fatigue, rich rewards for quick character progression, and supports both vertical and horizontal screen orientations.
Gravity

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