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Ragnarok: The New World Ranked No.1 of Apple App Store in Taiwan, Hong Kong and Macau

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Very Positive)
Tags

GRAVITY (NasdaqGM: GRVY) launched Ragnarok: The New World in Taiwan, Hong Kong and Macau on January 15, 2026. The title is the first open‑world MMORPG based on the Ragnarok IP and adds free exploration, a flying vehicle, offline auto‑hunting, reduced repetitive content time and monetization changes such as reduced pet draw times and lower refining costs.

Since pre‑download and following launch, the game ranked #1 in free downloads on the Apple App Store in all three regions; it reached #1 in top grossing in Taiwan and Macau and #3 in top grossing in Hong Kong.

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Positive

  • Ranked #1 free download on Apple App Store in Taiwan, Hong Kong and Macau
  • Reached #1 top grossing in Taiwan and Macau shortly after launch
  • First open‑world MMORPG based on the Ragnarok IP
  • Enhanced UX features: offline auto‑hunting and reduced repetitive content time

Negative

  • None.

News Market Reaction – GRVY

-1.82%
1 alert
-1.82% News Effect

On the day this news was published, GRVY declined 1.82%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Q3 2025 revenue: KRW 138,894 million (US$ 98,883 thousand) Q3 2025 operating profit: KRW 21,276 million (US$ 15,147 thousand) Q3 2025 net profit: KRW 19,869 million (US$ 14,145 thousand) +5 more
8 metrics
Q3 2025 revenue KRW 138,894 million (US$ 98,883 thousand) Total revenue; -18.7% QoQ, +8.2% YoY
Q3 2025 operating profit KRW 21,276 million (US$ 15,147 thousand) +8.2% QoQ, -22.8% YoY
Q3 2025 net profit KRW 19,869 million (US$ 14,145 thousand) +50.0% QoQ, -11.2% YoY
Cash & short-term instruments KRW 609,927 million (US$ 434,226 thousand) As of September 30, 2025
Q2 2025 revenue KRW 170.7 billion (US$ 126.1 million) +24.2% QoQ, +38.9% YoY
Q2 2025 gross margin 33.2% Sequential margin decline on higher costs and marketing
Q2 2025 cash & equivalents KRW 576.8 billion (US$ 426.2 million) Solid liquidity as of Q2 2025
App Store rankings Top grossing #1 TW/MO, #3 HK Ragnarok: The New World early performance in three regions

Market Reality Check

Price: $63.38 Vol: Volume 8,984 is below 20-...
low vol
$63.38 Last Close
Volume Volume 8,984 is below 20-day average of 17,784, suggesting limited pre-news positioning. low
Technical Price 62.24 sits slightly above 200-day MA 61.36 and 11.09% below 52-week high 70.

Peers on Argus

GRVY slipped 0.44% while peers were mixed: DDI (-0.67%), GCL (-0.95%), PLTK (-1....

GRVY slipped 0.44% while peers were mixed: DDI (-0.67%), GCL (-0.95%), PLTK (-1.39%), SOHU (+0.37%), GDEV (flat). Moves do not show a unified sector direction.

Historical Context

5 past events · Latest: Jan 14 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Jan 14 Game launch expansion Positive -0.6% Launch of Ragnarok X: Next Generation across Europe and MENA regions.
Dec 26 China game launch Positive +1.3% Official China launch of Ragnarok: Rebirth for mobile platforms.
Dec 19 Web3 game launch Positive +1.1% Launch of Ragnarok Online Landverse America with Web3 features live.
Nov 19 Closed beta update Positive -1.6% Announcement of CBT schedule and Web3 preview for Landverse America.
Nov 17 Pre-registration start Positive -1.3% Pre-registration and pre-sale opening for Ragnarok Online Landverse America.
Pattern Detected

Game launch news often saw mixed reactions, with more divergences than alignments.

Recent Company History

Recent news for GRVY has centered on expanding the Ragnarok IP across regions and formats. In Nov–Dec 2025, multiple Ragnarok Online Landverse America milestones and the China launch of Ragnarok: Rebirth produced both positive and negative 24h price reactions. The Jan 14, 2026 launch of Ragnarok X: Next Generation across Europe and MENA also drew a small negative move. Today’s strong App Store rankings in Taiwan, Hong Kong and Macau continue this expansion theme but arrive against a backdrop of historically inconsistent price responses to similar product launches.

Market Pulse Summary

This announcement highlights early commercial strength for Ragnarok: The New World, with leading dow...
Analysis

This announcement highlights early commercial strength for Ragnarok: The New World, with leading download and top-grossing rankings across Taiwan, Hong Kong and Macau. It continues Gravity’s strategy of expanding the Ragnarok IP after multiple late-2025 launches. Recent filings show solid cash of over KRW 600 billion but also margin pressure as marketing and platform costs rose. Investors may watch whether these App Store rankings translate into sustained revenue and how they interact with profitability trends seen in recent quarters.

Key Terms

mmorpg
1 terms
mmorpg technical
"the first open-world MMORPG Mobile and PC game, launched in Taiwan"
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.

AI-generated analysis. Not financial advice.

Seould, South Korea, Jan. 16, 2026 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that Ragnarok: The New World (Chinese Title: RO仙境傳說: 世界之旅), the first open-world MMORPG Mobile and PC game, launched in Taiwan, Hong Kong and Macau on January 15, 2026 has achieved the first rank in both free download and top grossing of Apple App Store of all three regions. 

Gravity's wholly-owned subsidiary, GRAVITY Game Vision, Ltd. (“Gravity Game Vision”) released Ragnarok: The New World on Google Play and Apple App Store in Taiwan, Hong Kong and Macau on January 15, 2026. Ragnarok: The New World is the first open-world MMORPG based on Ragnarok IP. It features free-exploration adventure across vast field and added flying vehicle for the first time, allowing users to cross the Midgard continent. Furthermore, convenience system has been enhanced with reduced repetitive content time, offline auto-hunting and customizable guild content opening time. Monetization system has been improved in game with benefits including reduced pet draw times, lower refining costs and permanent provision of Kafra VIP privilege card.

Ragnarok: The New World has proved strong interest and expectation, ranking first in free download of Apple App Store in Taiwan, Hong Kong and Macau since the pre-download opened a day before the official launch. Following the official launch, Ragnarok: The New World has achieved an early success, ranking first in top grossing of Apple App Store in all three regions. In particular, it ranked first in free download of entire app rankings in Taiwan, Hong Kong and Macau, first in top grossing in Taiwan and Macau and third in Hong Kong, demonstrating the explosive popularity of the Ragnarok IP. Ragnarok: The New World is laying the foundation of long-term success by ranking at the top across all three regions.

Gravity stated, “Ragnarok: The New World is the first open-world game based on Ragnarok IP, which we have made the Ragnarok world even more realistic. We are confident that Ragnarok: The New World will become a new turning point for the Ragnarok series. As the game has been completed together with users who love Ragnarok, it is especially meaningful that we have achieved such positive results from the pre-download to the early stage of launch. We will strive to provide excellent service to our users and ask for your continued interest.” 

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

[Ragnarok: The New World Official Website]

https://gwww.gnjoy.hk/rotwgw/index.html#/

[Ragnarok: The New World Google Play Download Page]

https://play.google.com/store/apps/details?id=com.ggv.roworld.aos&hl=zh

[Ragnarok: The New World Apple App Store Download Page]

https://apps.apple.com/tw/app/ro%E4%BB%99%E5%A2%83%E5%82%B3%E8%AA%AC-%E4%B8%96%E7%95%8C%E4%B9%8B%E6%97%85/id6749527002

[Ragnarok: The New World Official Face Book Page]

https://www.facebook.com/ROWorld.Gravity/

[Ragnarok: The New World Official Discord Community]

https://discord.com/invite/zZV3fdHDb7

[Ragnarok: The New World Official Line Page]

https://bit.ly/4mnFKXt

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


FAQ

When did GRAVITY (GRVY) launch Ragnarok: The New World in Taiwan, Hong Kong and Macau?

The game launched on January 15, 2026 in Taiwan, Hong Kong and Macau.

How did Ragnarok: The New World perform on the Apple App Store after launch for GRVY?

It ranked #1 in free downloads in all three regions, #1 in top grossing in Taiwan and Macau, and #3 in top grossing in Hong Kong.

What new gameplay features does Ragnarok: The New World introduce for GRVY players?

The game adds an open‑world free‑exploration, a flying vehicle, offline auto‑hunting, and customizable guild opening times.

What monetization changes did GRAVITY announce for Ragnarok: The New World?

Announced improvements include reduced pet draw times, lower refining costs, and permanent provision of a Kafra VIP privilege card.

Is Ragnarok: The New World the first open‑world game using the Ragnarok IP for GRVY?

Yes, it is described as the first open‑world MMORPG based on the Ragnarok IP.
Gravity

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