Ragnarok X Official Launching in Korea on January 5, 2023
Rhea-AI Summary
GRAVITY Co., Ltd. (NasdaqGM: GRVY) has launched Ragnarok X: Next Generation, an MMORPG mobile game, in Korea as of January 5, 2023. This game is the third installment of the Ragnarok 20th Anniversary Trilogy, featuring a unique story, vibrant 3D graphics, and various gameplay options. The game secured over 1 million pre-registrations and previously achieved top-grossing rankings on app stores in various regions. It has also received positive reviews during its Closed Beta Test, showcasing its potential in the mobile gaming market.
Positive
- Launch of Ragnarok X: Next Generation on January 5, 2023.
- Over 1 million pre-registered accounts.
- Successful Closed Beta Test with positive user feedback.
- Previous top-grossing rankings in multiple regions including Taiwan, Hong Kong, and Macau.
Negative
- None.
News Market Reaction – GRVY
In the trading session that priced this news, GRVY declined 8.21%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Seoul, Korea, Jan. 05, 2023 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that the company has officially launched Ragnarok X: Next Generation, an MMORPG mobile game, in Korea on January 5, 2023.
Ragnarok X: Next Generation is the third title of the Ragnarok 20th Anniversary Trilogy. The unique story, an active 3D graphic, various contents, and a flexible exchange system are the stand-out features of the game. The number of pre-registered accounts also exceeded 1 million, and a Closed Beta Test (CBT) has run in Korea from October 11th to October 13th, 2022. The users gave favorable reviews of the game’s unique stories along with the well-structured Ragnarok worldview and the job classes.
After its launch in Taiwan, Hong Kong and Macau on October 15, 2020, Ragnarok X: Next Generation successfully ranked first on the top-grossing chart in Apple App Store and Google Play.
Furthermore, in June 2021, Ragnarok X: Next Generation ranked the first in Apple App Store in Thailand, Indonesia and Philippines. The game also had won multiple awards at Google Play’s Best Games of 2021 showing its potential of the Ragnarok IP once again.
[Gravity Co., Ltd. Official Website]
http://www.gravity.co.kr
[Ragnarok X: Next Generation Official Website]
https://game.naver.com/lounge/RAGNAROK_X_Next_Generation/home
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 markets and 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. Somin Kim
Ms. Jeesun Lim
IR Unit
Gravity Co., Ltd.
Email: ir@gravity.co.kr
Telephone: +82-2-2132-7800
