STOCK TITAN

Ragnarok: Novice Hearts Ranks at the Top on Official Launch in Taiwan, Hong Kong, and Macau

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Gravity Co. (NasdaqGM: GRVY) announced the launch of their new MMORPG, Ragnarok: Novice Hearts, on June 6, 2024, in Taiwan, Hong Kong, and Macau. The game, which revives core elements of the original Ragnarok Online, has quickly climbed the ranks, securing the top spot in Taiwan and Macau and second in Hong Kong for Apple App Store's Top Grossing and Free Game Downloads categories. On Google Play, it ranked first in Free Game Downloads in all three regions. Developed by Gravity Game Vision , a subsidiary in Hong Kong, Novice Hearts features a real-time marketplace, MVP Boss Garden, and large-scale PVP, among other enhancements. The game is available on Google Play and Apple App Store.

Positive
  • Ragnarok: Novice Hearts ranked first in Taiwan and Macau for Top Grossing and Free Game Downloads on Apple App Store.
  • The game ranked second in Hong Kong for Top Grossing and Free Game Downloads on Apple App Store.
  • It achieved the top spot in Free Game Downloads on Google Play in Taiwan, Hong Kong, and Macau.
  • The game includes a real-time marketplace and large-scale PVP, enhancing player engagement.
  • The launch has been supported by various events, boosting initial user engagement and satisfaction.
Negative
  • The press release does not provide specific financial data or projected revenue from the launch.
  • Success is currently to three regions, with no information on broader international plans.
  • The game’s long-term retention and monetization strategies remain unclear.

Seoul, South Korea, June 07, 2024 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) ("Gravity" or "Company"), a developer and publisher of online and mobile games, announced the launch of Ragnarok: Novice Hearts (Tentative English Title, "Novice Hearts") in Taiwan, Hong Kong, and Macau on June 6, 2024, at 10:00 AM in local time. It has ranked first in Taiwan and Macau and second in Hong Kong in the Top Grossing and Free Game Downloads on the Apple App Store. On Google Play, it has ranked first in Free Game Downloads in all three regions.

Novice Hearts is a retro-concept MMORPG that recreates the core elements of the original Ragnarok Online, including graphics, costumes, and UI, on mobile devices. It includes new features such as a real-time marketplace, MVP Boss Garden, and large-scale PVP as well as guild systems, key field, BGM, and other content based on the original game to enhance player satisfaction.

The game is published by GRAVITY Game Vision Ltd ("GGV"), Gravity's subsidiary in Hong Kong, and is available for download and play on Google Play, Apple App Store, and Google Play Games.

GGV stated, "We are grateful for the support in Taiwan, Hong Kong, and Macau. We have prepared various events to celebrate the launch, so please enjoy the benefits and continue to support Novice Hearts."

[Ragnarok: Novice Hearts (Tentative English Title) official website_Taiwan, Hong Kong, Macau] https://roba.gnjoy.hk/

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

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 countries. 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. Shin Choi
IR Unit
Gravity Co., Ltd.
Email: ir@gravity.co.kr
Telephone: +82-2-2132-7800


FAQ

What is the launch date of Ragnarok: Novice Hearts?

Ragnarok: Novice Hearts was launched on June 6, 2024.

How did Ragnarok: Novice Hearts perform in Taiwan at launch?

Ragnarok: Novice Hearts ranked first in both Top Grossing and Free Game Downloads on the Apple App Store in Taiwan.

Which regions saw Ragnarok: Novice Hearts rank first in Free Game Downloads on Google Play?

Ragnarok: Novice Hearts ranked first in Free Game Downloads on Google Play in Taiwan, Hong Kong, and Macau.

What new features does Ragnarok: Novice Hearts offer?

Ragnarok: Novice Hearts includes a real-time marketplace, MVP Boss Garden, large-scale PVP, guild systems, and more.

Where can Ragnarok: Novice Hearts be downloaded?

Ragnarok: Novice Hearts is available for download on Google Play, Apple App Store, and Google Play Games.

GRAVITY Co., Ltd.

NASDAQ:GRVY

GRVY Rankings

GRVY Latest News

GRVY Stock Data

458.87M
6.95M
59.32%
14.33%
0.17%
Electronic Gaming & Multimedia
Communication Services
Link
United States of America
Seoul