Ragnarok: Twilight Official Launching in Vietnam on February 10, 2026
Rhea-AI Summary
GRAVITY (NasdaqGM: GRVY) announced the official launch of Ragnarok: Twilight in Vietnam on February 10, 2026. The MMORPG mobile title features a hero transformation system, 100% rare-equipment/card MVP drops, and solo-friendly exclusive MVP dungeons.
The game is available on Google Play and Apple App Store and previously ranked highly across China, Taiwan, Hong Kong, Macau and Southeast Asia in both downloads and top-grossing lists.
Positive
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Negative
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Key Figures
Market Reality Check
Peers on Argus
GRVY fell 4.1% while peers were mixed: DDI +2.69%, SOHU +0.75%, GCL +0.86%, PLTK +5.65%, and only GDEV down 4.47%, suggesting stock-specific pressure rather than a broad sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 16 | Mobile game launch | Positive | -1.8% | Ragnarok: The New World hit top free and grossing ranks in Asia. |
| Jan 14 | Regional expansion | Positive | -0.6% | Ragnarok X: Next Generation launched across Europe and MENA regions. |
| Dec 26 | China launch | Positive | +1.3% | Ragnarok: Rebirth officially launched in China after prior regional success. |
| Dec 19 | Web3 launch | Positive | +1.1% | Ragnarok Online Landverse America launched with blockchain item ownership. |
| Nov 19 | Beta test start | Positive | -1.6% | Closed Beta for Ragnarok Online Landverse America announced for late November. |
Recent Ragnarok launch headlines were generally positive, but share reactions have often been muted or negative, with more divergences than alignments between upbeat news and price moves.
Over the last few months, Gravity has repeatedly expanded its Ragnarok IP across regions and platforms. Key launches include Ragnarok: Rebirth in China on Dec 25, 2025, Ragnarok X: Next Generation in Europe and the Middle East on Jan 14, 2026, and Ragnarok: The New World in Taiwan, Hong Kong and Macau on Jan 15, 2026. Despite strong app‑store rankings and monetization signals, share reactions to these news items have often been modest or even negative, a backdrop for today’s Vietnam launch of Ragnarok: Twilight.
Market Pulse Summary
This announcement highlights Gravity’s continued expansion of the Ragnarok IP with the Vietnam launch of Ragnarok: Twilight, following strong free‑download and top‑grossing rankings across multiple Asian markets. Recent history shows frequent positive operational milestones but mixed short‑term share reactions, with 3 divergences and 2 alignments. Investors may want to monitor future disclosures on player monetization, regional revenue contributions, and whether new launches help offset prior quarterly revenue volatility.
Key Terms
mmorpg technical
AI-generated analysis. Not financial advice.
Seoul, South Korea, Feb. 10, 2026 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that Ragnarok: Twilight (Vietnamese Title: Ragnarok: Twilight - Chạng Vạng), an MMORPG Mobile game, has officially launched in Vietnam on February 10, 2026.
Ragnarok: Twilight is an MMORPG game based on Ragnarok IP that features fast-paced growth and farming, and exhilarating gameplay through hero transformation system. It has lowered the burden of acquiring equipment by offering
Ragnarok: Twilight is gaining massive popularity by achieving consecutive success in previously launched regions including China, Taiwan, Hong Kong and Macau, and Southeast Asia (except Vietnam). The game achieved strong growth, ranking first in free download of Google Play in four regions in Southeast Asia and second in Singapore. It has also ranked second in free download of Apple App Store in Thailand, third in Malaysia and the Philippines, sixth in Singapore, and ranked second in top-grossing of Apple App Store in Thailand and fourth in Malaysia. Furthermore, Ragnarok: Twilight has achieved back-to-back success by ranking eighth in top-grossing in WeChat Mini Programs game in China, second in top-grossing of Apple App Store in Taiwan, sixth in Macau and eighth in Hong Kong.
Gravity stated, “With the successful performance in the previously launched regions, we will do our best to continue good service in Vietnam as well. We hope users will participate in events prepared in celebration of the launch and enjoy various benefits and the game.”
[Gravity Official Website]
[Ragnarok: Twilight Official Website]
[Ragnarok: Twilight Google Play Download Page]
https://play.google.com/store/apps/details?id=com.gv.rogames.vn&pcampaignid=web_share
[Ragnarok: Twilight Apple App Store Download Page]
https://apps.apple.com/vn/app/ragnarok-twilight-ch%E1%BA%A1ng-v%E1%BA%A1ng/id6752591473
[Ragnarok: Twilight Official Facebook Page]
https://www.facebook.com/EN.ROTwilight/
[Ragnarok: Twilight Official Discord Community]
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 Vietnam?
Where can players download Ragnarok: Twilight (GRVY) in Vietnam?
What key gameplay features does Ragnarok: Twilight offer in the Vietnam release?
How has Ragnarok: Twilight performed in other regions prior to the Vietnam launch?
Will GRAVITY run launch events or benefits for Ragnarok: Twilight Vietnam players?
