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Ragnarok: Twilight Official Launching in Southeast Asia on October 23, 2025

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GRAVITY (NasdaqGM: GRVY) announced that its subsidiary GRAVITY Game Vision officially launched Ragnarok: Twilight, an Idle MMOARPG mobile game, in Southeast Asia on October 23, 2025. The game introduces a 100% equipment drop rate feature for the Ragnarok IP and is available on Google Play, Apple App Store and Huawei AppGallery across markets including Thailand, Malaysia, Singapore, Indonesia and the Philippines.

Ragnarok: Twilight previously ranked #8 in top grossing on WeChat Mini Programs in China (Feb), #2 on Apple App Store in Taiwan, #6 in Macau and #8 in Hong Kong after July launches, and received positive feedback during a Southeast Asia closed beta in September.

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Positive

  • Launched in Southeast Asia on Oct 23, 2025
  • 100% equipment drop rate novelty for Ragnarok IP
  • Available across Google Play, Apple App Store, Huawei AppGallery
  • Prior top-grossing ranks: #2 Taiwan, #6 Macau, #8 Hong Kong, #8 China (WeChat)
  • Positive user feedback from September closed beta

Negative

  • None.

News Market Reaction 1 Alert

-0.12% News Effect

On the day this news was published, GRVY declined 0.12%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Seoul, South Korea , Oct. 23, 2025 (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: Twilight, an Idle MMOARPG Mobile game, in Southeast Asia on October 23, 2025.

Ragnarok: Twilight provides the classic element of the original Ragnarok Online and features for implementing 100% equipment drop rate for the first time as Ragnarok IP title, alleviating item acquisition. It is available for download through Google Play, Apple App Store and Huawei AppGallery in Southeast Asia including Thailand, Malaysia, Singapore, Indonesia, and the Philippines, etc.

Ragnarok: Twilight achieved remarkable success by ranking eight in top grossing after launching as WeChat Mini Programs game in China in February. Then it ranked second in top grossing of Apple App Store in Taiwan, sixth in Macau and eighth in HongKong after its official launch in July. Ragnarok: Twilight also received positive feedback during its closed beta test (CBT) held in Southeast Asia in September, raising anticipation among users. 

Gravity stated, "Ragnarok: Twilight has recorded strong performance in previously launched regions. We have made every effort to prepare for the official launch in Southeast Asia, especially in response to the support shown during the CBT. We invite users to actively participate in the various events celebrating the official launch.”

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

[Ragnarok: Twilight Official Website]

https://rotwilightsea.gnjoy.hk/

[Ragnarok: Twilight Google Play Download Page]

https://play.google.com/store/apps/details?id=com.ggv.rogames.seacbt&pcampaignid=web_share

[Ragnarok: Twilight Apple App Store Download Page]

https://apps.apple.com/th/app/ragnarok-twilight/id6746714266?mt=8

[Ragnarok: Twilight Huawei AppGallery Download Page]

https://appgallery.huawei.com/#/app/C114508443

[Ragnarok: Twilight Official Facebook Page]

https://www.facebook.com/EN.ROTwilight/

[Ragnarok: Twilight Official Discord Community]

https://discord.gg/wqs23KrDVH

[Ragnarok: Twilight Thailand Theme Music Video Page]

https://youtu.be/ltg2VzjVBck

[Ragnarok: Twilight English Version Cover Music Video Page]

https://youtu.be/JJZjPIPDJS8

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: Twilight in Southeast Asia?

October 23, 2025.

Which app stores offer Ragnarok: Twilight in Southeast Asia for GRVY?

The game is available on Google Play, Apple App Store, and Huawei AppGallery in Southeast Asia.

What is notable about Ragnarok: Twilight's in-game item drops for GRVY players?

The title implements a 100% equipment drop rate, a first for the Ragnarok IP.

How did Ragnarok: Twilight perform in prior regional launches before GRVY's SE Asia debut?

It ranked #8 on WeChat Mini Programs in China (Feb) and #2 on Apple App Store in Taiwan, plus top-10 ranks in Macau and Hong Kong after July launches.

Did Ragnarok: Twilight have a Southeast Asia beta before the GRVY launch?

Yes; it held a closed beta test in September that received positive user feedback.
Gravity

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