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Ragnarok IP’s 2 Titles Successfully Launched in Southeast Asia, Taiwan, Hong Kong and Macau

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Gravity Co., (GRVY) announced successful launches of two Ragnarok IP titles on October 31, 2024. The Ragnarok achieved top rankings in Southeast Asian markets, reaching #1 in free downloads on Google Play across 6 regions and #2 in Apple App Store across 4 regions. The game secured #3 in Google Play's top grossing in Thailand and Philippines, while reaching #1 and #2 positions in Apple App Store's top grossing across multiple regions.

Ragnarok: Rebirth also performed strongly in Taiwan, Hong Kong, and Macau, achieving top-3 positions in free downloads and notable rankings in top grossing charts, including #2 in Macau's Apple App Store and #5 in Macau's Google Play top grossing.

Gravity Co., (GRVY) ha annunciato il lancio con successo di due titoli basati su IP di Ragnarok il 31 ottobre 2024. Il Ragnarok ha ottenuto posizioni di vertice nei mercati del sud-est asiatico, raggiungendo il primo posto nelle download gratuite su Google Play in 6 regioni e il secondo posto nell'Apple App Store in 4 regioni. Il gioco si è classificato al terzo posto nella classifica dei ricavi su Google Play in Thailandia e Filippine, mentre ha raggiunto il primo e il secondo posto nelle classifiche di ricavi dell'Apple App Store in diverse regioni.

Ragnarok: Rebirth ha ottenuto anch'esso risultati notevoli a Taiwan, Hong Kong e Macao, raggiungendo le prime 3 posizioni nelle download gratuite e posizioni significative nelle classifiche dei ricavi, inclusa la seconda posizione nella classifica di ricavi dell'Apple App Store di Macao e la quinta posizione nella classifica dei ricavi di Google Play di Macao.

Gravity Co., (GRVY) anunció el lanzamiento exitoso de dos títulos de IP de Ragnarok el 31 de octubre de 2024. El Ragnarok alcanzó las mejores posiciones en los mercados del sudeste asiático, alcanzando el #1 en descargas gratuitas en Google Play en 6 regiones y el #2 en la App Store de Apple en 4 regiones. El juego se ubicó en el #3 en los ingresos más altos de Google Play en Tailandia y Filipinas, mientras que alcanzó las posiciones #1 y #2 en los ingresos más altos de la App Store de Apple en varias regiones.

Ragnarok: Rebirth también tuvo un buen desempeño en Taiwán, Hong Kong y Macao, logrando posiciones en el top 3 de descargas gratuitas y clasificaciones notables en las listas de ingresos, incluyendo el #2 en la App Store de Macao y el #5 en los ingresos más altos de Google Play de Macao.

Gravity Co., (GRVY)는 2024년 10월 31일 두 개의 라그나로크 IP 제목의 성공적인 출시를 발표했습니다. 라그나로크는 동남아시아 시장에서 높은 순위를 기록하며, 6개 지역에서 Google Play의 무료 다운로드 1위와 4개 지역에서 Apple App Store의 2위를 달성했습니다. 이 게임은 태국과 필리핀에서 Google Play의 매출 3위에 올랐으며, 여러 지역에서 Apple App Store의 매출 1위와 2위에 도달했습니다.

Ragnarok: Rebirth 또한 대만, 홍콩, 마카오에서 강력한 성과를 보이며 무료 다운로드에서 상위 3위에 자리 잡았고, 매출 차트에서 눈에 띄는 순위를 기록했습니다. 특히 마카오의 Apple App Store에서 2위, Google Play의 매출에서 5위를 달성했습니다.

Gravity Co., (GRVY) a annoncé le lancement réussi de deux titres de l'IP Ragnarok le 31 octobre 2024. Le Ragnarok a atteint les premières places sur les marchés d'Asie du Sud-Est, atteignant la 1ère place des téléchargements gratuits sur Google Play dans 6 régions et la 2ème place dans l'App Store d'Apple dans 4 régions. Le jeu s'est classé 3ème dans le classement des revenus Google Play en Thaïlande et aux Philippines, tout en atteignant les positions 1 et 2 dans le classement des revenus de l'App Store d'Apple dans plusieurs régions.

Ragnarok: Rebirth a également bien performé à Taïwan, Hong Kong et Macao, atteignant des positions parmi les 3 premières dans les téléchargements gratuits et des classements notables dans les classements des revenus, y compris la 2ème place dans l'App Store de Macao et la 5ème place dans le classement des revenus de Google Play de Macao.

Gravity Co., (GRVY) hat am 31. Oktober 2024 den erfolgreichen Launch von zwei Ragnarok IP-Titeln angekündigt. Das Ragnarok erreichte Spitzenpositionen auf den Märkten in Südostasien und belegte den 1. Platz bei den kostenlosen Downloads im Google Play in 6 Regionen sowie den 2. Platz im Apple App Store in 4 Regionen. Das Spiel sicherte sich den 3. Platz in den umsatzstärksten Titeln im Google Play in Thailand und den Philippinen und erreichte die Plätze 1 und 2 in den umsatzstärksten Titeln im Apple App Store in mehreren Regionen.

Ragnarok: Rebirth erzielte ebenfalls starke Ergebnisse in Taiwan, Hongkong und Macau, erreichte die Top-3-Positionen bei den kostenlosen Downloads und bemerkenswerte Platzierungen in den Umsatzcharts, darunter den 2. Platz im Apple App Store von Macau und den 5. Platz im Google Play Umsatzchart von Macau.

Positive
  • Strong initial market performance with #1 rankings in multiple regions
  • High grossing rankings achieved in both app stores across various markets
  • Successful simultaneous launch across 13 different regions
  • Strong presence in both Android and iOS platforms
Negative
  • None.

Insights

The successful launch of two Ragnarok titles in Southeast Asia and Greater China markets represents a significant milestone for GRAVITY. The games' impressive rankings in both free downloads and top grossing charts indicate strong initial monetization potential. The Ragnarok reaching top 3 in revenue rankings on major app stores in Thailand and Philippines, while Ragnarok: Rebirth securing top positions in Taiwan, Hong Kong and Macau demonstrates robust market penetration in key Asian gaming markets.

The performance is particularly noteworthy given the competitive mobile gaming landscape in these regions. The immediate revenue generation and high download rankings suggest effective pre-launch marketing and strong brand recognition of the Ragnarok IP. These markets historically show high spending patterns in mobile gaming, making the initial success a positive indicator for sustained revenue potential.

Seoul, Korea, Nov. 07, 2024 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that since the official launching of The Ragnarok in 10 regions of Southeast Asia and Ragnarok: Rebirth (Chinese title: Chinese Title: RO 仙境傳說:重生) in Taiwan, Hong Kong and Macau on October 31, 2024, the early success has been made in the launching markets.

The Ragnarok has ranked first in free download of Google Play in 6 regions of Thailand, Indonesia, Philippines, Malaysia, and Singapore, etc., and ranked second in free download of Apple App Store in 4 regions of Thailand, Indonesia, Philippines and Malaysia after pre-download on October 29, 2024.

After its launching, the game ranked third in top grossing of Google play in Thailand and Philippines, and ranked first in Philippines and second in Thailand and Indonesia in top grossing of Apple App Store.

Ragnarok: Rebirth (Chinese title: Chinese Title: RO 仙境傳說:重生) has ranked second in Hong Kong and Macau, and third in Taiwan in free download of Google Play, and ranked first in free download of Apple App Store in Taiwan, Hong Kong and Macau after pre-download on October 29, 2024. It has ranked second in Macau, seventh in Taiwan and eighth in Hong Kong in top grossing of Apple App Store, and ranked fifth in top grossing of Google Play in Macau after its launching.

Gravity stated “we are achieving great results due to the enthusiastic interest of users. We are thankful for users’ continued love for the Ragnarok IP game.”

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

[The Ragnarok Official Website]
https://theragnaroksea.com/

[The Ragnarok Google Play Download Page]
https://play.google.com/store/apps/details?id=com.ggt.tr.google

[The Ragnarok Apple App Store Download Page]
https://apps.apple.com/th/app/the-ragnarok/id6575353957

[The Ragnarok Google Play Games Download Page]
https://play.google.com/store/apps/details?id=com.ggt.tr.google

[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

What rankings did The Ragnarok (GRVY) achieve in Southeast Asian markets on October 31, 2024?

The Ragnarok ranked #1 in free downloads on Google Play in 6 regions including Thailand, Indonesia, Philippines, Malaysia, and Singapore, and #2 in Apple App Store free downloads in Thailand, Indonesia, Philippines, and Malaysia.

How did Ragnarok: Rebirth (GRVY) perform in Taiwan, Hong Kong, and Macau after launch?

Ragnarok: Rebirth ranked #2 in Hong Kong and Macau, #3 in Taiwan for Google Play free downloads, and #1 in Apple App Store free downloads across all three regions. It reached #2 in Macau's App Store top grossing and #5 in Google Play top grossing.

What were the top grossing rankings for The Ragnarok (GRVY) after its October 31, 2024 launch?

The Ragnarok ranked #3 in top grossing on Google Play in Thailand and Philippines, and achieved #1 in Philippines and #2 in Thailand and Indonesia in Apple App Store's top grossing charts.

GRAVITY Co., Ltd.

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